Daicel Corp.

Daicel Corporation completed the acquisition of the remaining 45% stake in Polyplastics Co., Ltd. from Celanese Sales Netherlands B.V. for approximately ¥170 billion on October 9, 2020, making Polyplastics a wholly owned subsidiary.

Celanese Corporation completed the sale of its 45% equity investment in the Polyplastics joint venture to Daicel Corporation for $1.575 billion in an all-cash transaction.

Celanese Corporation agreed to sell its 45% equity stake in the Polyplastics joint venture to Daicel Corporation for $1.575 billion in cash, giving Daicel full ownership.

Toyoda Gosei and Daicel announced an agreement to enhance cooperation in safety and new plastics materials, and enter into a capital tie-up through cross-holdings of common stock totaling about 1 billion yen each.

Polyplastics Co. has decided to increase its equity stake in Topas Advanced Polymers GmbH (TAP) from 45% to 51%, making TAP a subsidiary. The transaction is subject to competition authority clearance and is expected to become effective on April 1, 2017.