# Sumitomo Chemical acquires LCP neat resin business from Syensqo

Sumitomo Chemical has acquired the intangible asset of a liquid crystal polymer (LCP) neat resin business from Syensqo SA/NV, including products, technology, patents, and production technology. The acquisition aims to expand Sumitomo Chemical's LCP business in ICT and mobility applications.

- Type: Acquisition
- Announced: 2025-02-10
- Status: completed
- Products: liquid crystal polymer (LCP) neat resin
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Sumitomo Chemical](https://endata.com/companies/20503.md) (acquirer)
- [Syensqo](https://endata.com/companies/77035.md) (target)

## Sources

- [sumitomo-chem.co.jp](https://www.sumitomo-chem.co.jp/english/news/detail/20250210e.html), 2025-02-10: "By incorporating the products and technology acquired from Syensqo through this acquisition, the Company will strengthen its system for meeting new market needs and further expand its LCP business, particularly in ICT and mobility applications."
- [chemengonline.com](https://www.chemengonline.com/sumitomo-chemical-acquires-liquid-crystal-polymer-resin-business-from-syensqo/?printmode=1), 2025-02-20: "Sumitomo Chemical Co. has acquired the assets of a liquid-crystal-polymer (LCP) neat resin business from Syensqo S.A."
- [plasteurope.com](https://www.plasteurope.com/news/SUMITOMO_t257442), 2025-02-25: "Japanese chemical group Sumitomo Chemical said it has acquired Syensqo’s LCP activities."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.