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Daicel Corporation has decided to acquire all issued shares of Toyama Filter Tow Co., Ltd. from Mitsubishi Chemical Corporation, making it a wholly owned subsidiary as of April 1, 2025. Toyama Filter Tow is a joint venture manufacturing acetate tow.
“By making Toyama Filter Tow a wholly owned subsidiary, Daicel will operate three manufacturing bases... as a single entity.”daicel.com
Summarized from public sources; check the original articles before acting on it.