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Sumitomo Chemical, through its subsidiary Sumika Polymer Compounds Europe Ltd., has acquired the Emas Group, a major plastic compounder in Turkey, to expand its polypropylene compounds business. The acquisition was announced on 5 August 2019.
Sumika Polymer Compounds Europe, a subsidiary of Sumitomo Chemical, has signed an agreement to acquire Turkish engineering plastics and polyolefin compounds manufacturer EMAS Group. The acquisition will increase Sumika's production capacity to 140,000 tons/year.