# Daicel to acquire full ownership of Toyama Filter Tow

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.

- Type: Acquisition
- Announced: 2025-03-31
- Where: Japan
- Status: announced
- Products: acetate tow
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Mitsubishi Chemical Corporation](https://endata.com/companies/5545.md) (partner)
- [Daicel Corp.](https://endata.com/companies/23091.md) (acquirer)
- [Toyama Filter Tow Co., Ltd.](https://endata.com/companies/83803.md) (target)

## Sources

- [daicel.com](https://www.daicel.com/en/news/2025/20250331_1093/), 2025-03-31: "By making Toyama Filter Tow a wholly owned subsidiary, Daicel will operate three manufacturing bases... as a single entity."

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