# Aica Kogyo to acquire KUEN BONG TECHNOLOGY (Thailand) through subsidiary

Aica Kogyo, through its subsidiary Aica Thai Chemical, has signed an agreement to acquire all shares of KUEN BONG TECHNOLOGY (THAILAND) COMPANY LIMITED, a Thai resin company. The acquisition aims to expand Aica Kogyo's phenol resin production capacity by about 2.5 times.

- Type: Acquisition
- Announced: 2025-04-24
- Where: Thailand, Thailand
- Status: announced
- Capacity: phenol resin production capacity to increase by about 2.5 times
- Products: phenol resin
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [AICA Kogyo Co.](https://endata.com/companies/41491.md)
- [AICA ASIA PACIFIC HOLDING](https://endata.com/companies/81651.md) (investor)
- [KUEN BONG TECHNOLOGY (THAILAND) COMPANY LIMITED](https://endata.com/companies/84334.md) (target)
- [Aica Thai Chemical](https://endata.com/companies/84335.md) (partner)

## Sources

- [sfs-inc.jp](https://sfs-inc.jp/ma/10101/), 2025-04-24: "アイカ工業は、アイカ・アジア・パシフィック・ホールディング社（AAPH社）の完全子会社であるアイカタイケミカル社（ATC社）を通じて、タイに拠点を持つKUEN BONG TECHNOLOGY（THAILAND）COMPANY LIMITEDの全株式を取得する契約を締結しました。"

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