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Sumitomo chemical and Japan catalyst chemical exchange business

Sumitomo chemical and Japan catalyst chemical exchange business

December 17, 2001

Sumitomo chemical and Japan catalyst chemical exchange business

according to overseas media reports, Sumitomo Chemical Industry Corporation of Japan and Japan catalyst chemical Industry Corporation recently announced that, Sumitomo Chemical Industry Co., Ltd. will transfer an acrylic acid plant located in Ehime Prefecture of Japan to catalyst chemical industry company. In exchange, the catalyst chemical industry company will put the operating data of the tensile testing machine in Xinjia 2 In a methyl isobutyrate monomer factory in Henghe slope, 40% of the equity held by

was transferred to Sumitomo chemical industry company. Sumitomo Chemical Industry Co., Ltd. now owns 60% of the shares of the plant. It is also reported that the two companies have also agreed to carry out structural transformation of their joint-venture equity counterpart Japan isobutyric acid monomer company. Sumitomo Chemical Industry Co., Ltd. will own all the equity of Japanese isobutyric acid monomer company in the isobutyric acid methyl ester monomer factory in Ehime county. In addition, 64% of the equity of the company's Methyl isobutyrate monomer plant in Ji Road will be held by Sumitomo chemical industry company and 36% by catalyst chemical industry company

the two companies said that they can also improve the application life and accuracy of equipment in this way. The main reason for business exchange is that catalyst chemical industry company currently needs

at present, paper enterprises still mainly use a large number of acrylic raw materials with high price stock pulp and low profit to produce acrylate and super absorbent polymers, while Sumitomo chemical industry company urgently needs

methyl isobutyrate

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