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[Press Release] 카지노사이트 Chemical merges with 카지노사이트 Advanced Materials

2019.08.22


카지노사이트 Chemical merges with 카지노사이트 Advanced Materials


■ Aiming at completion of merger by next January.
■ Synergies between 카지노사이트 companies to build an even stronger global 카지노사이트 company.

카지노사이트 Chemical will merge with 카지노사이트 Advanced Materials, which is a subsidiary for specialty materials possessing 100% of its shares.

This is an action taken to reinforce mid- to long-term portfolio of specialty products and to gather and develop core capacities for growth through R&D and investment. The resolution for the merger was accepted by the Board of Directors this afternoon.

The merger contract will be signed with 카지노사이트 Advanced Materials on the 23rdand the merger process will be completed on January 2 through registration and processing. 카지노사이트 Advanced Materials joined 카지노사이트 Group in 2016 will be absorbed into 카지노사이트 Chemical in 3 years.

By acquiring the professional technologies and products related to specialty materials, 카지노사이트 Chemical will be able to satisfy customer needs more proactively with the raw materials and end products for greater competitiveness in the market. Also, cross-sale of compounding products for automobiles can increase profitability and integration of R&D and Purchasing will further reinforce efficiency.
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