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Japan Polychem Corporation (JPC), a subsidiary of Mitsubishi Chemical Corporation, plans to fully acquire six companies currently controlled by the joint venture Japan Polypropylene Corporation (JPP): Mytex Polymers US, Mytex Polymers de Mexico, Mytex Polymers India, Mytex Polymers Thailand, Beijing Ju-Ling-Yan Plastics, and JPF Asia (Changshu). The assets include PP compounding and long-glass-fiber-reinforced thermoplastic capacity. Financial terms were not disclosed.