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· Chemical Engineering Online
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Resonac Corp. has signed definitive agreements to transfer agreed-upon portions of its adhesives businesses (excluding tape) in Japan, China, and Taiwan—operated by Resonac and its consolidated subsidiaries—to Switzerland-based Sika Group. The excerpt does not disclose financial terms, timeline, or closing conditions; additional details may be in the full article.

What strategic advantages might Sika gain from these Asia-based adhesives assets, and how could this deal shift competitive dynamics in the regional adhesives market?

Resonac to sell adhesives businesses in Japan, China and Taiwan to Sika

This article was originally posted on chemengonline.com.
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Resonac Corp. (Tokyo) announced that it has entered into definitive agreements with the Sika Group (Baar, Switzerland) to transfer agreed-upon portions (the “Target Businesses”) of the adhesives businesses operated by Resonac and its consolidated subsidiaries in Japan, China and Taiwan.  The businesses included in the Transaction comprise the adhesives business (excluding the tape business) and […]

The post Resonac to sell adhesives businesses in Japan, China and Taiwan to Sika appeared first on Chemical Engineering.

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