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Sojitz to acquire SBR latex manufacturer Nippon A&L

As a joint venture of Sumitomo Chemical and Mitsui Chemicals, Nippon A&L is recognized as a global supplier with advanced technology in SBR latex used as anode binders for lithium-ion batteries (LiB), for which demand is expanding due to the widespread adoption of electric vehicles. In the field of SBR latex for paper processing, the company boasts one of Japan’s leading supply chains and is highly regarded in both areas. Additionally, in ABS resin used for automobiles and home appliances, Nippon A&L has a stable customer base both domestically and internationally, supported by its high level of technological expertise.

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Goodyear sells off Chemical Business to Gemspring Capital Management

Pursuant to the transaction terms, Gemspring will pay Goodyear cash proceeds at closing of approximately $650 million, subject to certain post-closing adjustments, for Goodyear Chemical facilities in Houston and Beaumont, Texas, and a related research office in Akron, Ohio. Additionally, the transaction provides for a long-term supply agreement.

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Wacker commissions new plants for specialty silicones in China

WACKER is responding to rising demand for high-quality specialty silicones in China by expanding its production capacities at its Zhangjiagang site. The Group held a ceremony to celebrate the mechanical completion of the facilities. Going forward, the new production complex will manufacture silicone fluids, silicone emulsions and silicone elastomer gels. Production is to be ramped up over the coming months. As planned, WACKER has invested a low three-digit million euro amount in the expansion project.

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