Sumitomo Bakelite to acquire 90% of Asahi Kasei Pax film business in new SB Pax company

Sumitomo Bakelite signed an agreement to acquire 90% of SB Pax, a new company split from Asahi Kasei Pax's laminated plastic film business, to expand its films and sheets business for pharmaceutical packaging. SB Pax is scheduled to begin operations on 1 April 2024.

“Sumitomo Bakelite has signed an agreement to acquire 90% of the shares in a new company established by splitting Asahi Kasei Pax's film business.”packaging-gateway.com

• 1 source
• packaging-gateway.comSumitomo to acquire 90% of Asahi Kasei Pax’s film businessOct 16, 2023

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