Tosoh Corp. will acquire Asahi Kasei’s 50% stake in Nanyo Kasei, their HDI (hexamethylene diisocyanate) monomer joint venture, making Nanyo Kasei a wholly owned subsidiary of Tosoh. The JV was founded in 1980 through equal investment by Nippon Polyurethane Industry (now Tosoh) and Asahi Kasei.
Tosoh Corp. (Tokyo) has decided to acquire all shares (50%) of Nanyo Kasei Co., Ltd. (Tokyo), a joint venture with Asahi Kasei Corp. (Tokyo). The deal will make Nanyo Kasei a wholly owned subsidiary of Tosoh. Nanyo Kasei was established in 1980 through equal investment by Nippon Polyurethane Industry Co., Ltd. (now Tosoh) and Asahi […]
The post Tosoh to acquire Asahi Kasei’s stake in HDI monomer JV, taking full ownership appeared first on Chemical Engineering.
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