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Dowon (Shandong Dawn Polymer) announced it will acquire the plastic and engineering plastic compound business of Hwaseung Chemical Vietnam Co., Ltd. for a tentative total purchase price of US$15.737 million, through its Singapore subsidiary.
Dawn Polymer's subsidiary Dawn Polymer Materials (Singapore) Investment Co., Ltd. has finalized the acquisition of the plastic and engineering plastic compound business of Hwaseung Chemical Vietnam Co., Ltd. for $14.9045 million, through a newly established target company HWASEUNG VIETNAM COMPOUND COMPANY LIMITED.