Sekisui: Acquisition Of Interlayer Film Raw Materials Business From U.S. Corporation

Date: 6 July 2009
Source: Sekisui

Date: 2 July 2009

On April 27, 2009, The Board of Directors of Sekisui Chemical Co., Ltd. passed the resolution to acquire the polyvinyl alcohol resin (“PVOH resin”) business from subsidiaries of U.S. chemical company, Celanese Corporation.

We have been proceeding with the necessary process for the acquisition. On June 9, 2009, we resolved to establish new subsidiaries to acquire the business. We hereby announce that the acquisition was completed on July 1, 2009 (July 2, Japan Standard Time), and started the operation as our business.
 
Outline of the Companies (subsidiaries established for the acquisition)
 
1. United States
1) Company name : Sekisui Specialty Chemicals America, LLC
2) Location : Dallas, Texas, U.S.
3) Name of Representative : Tsuyoshi Okano (President and COO)
4) Principal Business : Development, manufacturing and distribution of
PVOH resins
5) Capital Structure : SEKISUI AMERICA CORPORATION 100%
 
2. Spain
1) Company name : Sekisui Specialty Chemicals Europe, S.L.
2) Location : Tarragona, Catalonia, Spain
3) Name of Representative : Tsuyoshi Okano (President and COO)
4) Principal Business : Manufacturing and distribution of PVOH resins
5) Capital Structure : SEKISUI EUROPE B.V. 100%

600450 Sekisui: Acquisition Of Interlayer Film Raw Materials Business From U.S. Corporation glassonweb.com

See more news about:

Others also read

The complete range of STRATO® EVA interlayers is characterized by its excellent sound insulation properties.
It's very important to select the most appropriate interlayer to use in glass lamination: STRATO® EVA interlayers meet EN 16613:2019 standard.
How can laminated safety glass help control the flow of UV light? During this web seminar Sandro Casaccio will help you understand the importance and the effects of UV light and how it impacts occupants of modern day buildings.
New solar-absorbing interlayer ensures comfort and sensor connectivity.
Join us September 10, 17, and 24 for our three-part webinar series on Saflex® Structural PVB interlayers for glass, featuring Eastman’s own Wim Stevels!
The increase transparency of buildings has created new challenges when the occupants could be exposed to ballistic and blast threats.

Add new comment

From industry

Ottergemsesteenweg 707-Zuid
9000 Ghent
Belgium