JSR Corporation completes divestiture of their emulsions and fine chemicals businesses

Tokyo, Japan – As announced on November 12, 2024, JSR Corporation has completed the divestiture of the emulsions and fine chemicals businesses of its wholly owned subsidiary, Emulsion Technology, Co., Ltd and has completed the transfer of all shares of ETEC, the emulsions business division, to NIPPON SHOKUBAI CO., LTD.

Through this transaction, ETEC, as a member of the Nippon Shokubai Group, is expected to contribute to further enhancement of corporate value with resins for adhesives and coatings and polymers for waterproofing and construction, which are ETEC’s expertise. JSR will continue to strengthen production capabilities of raw material polymers for electronic materials and display materials at JSR Fine Technology Co., Ltd., the Fine Chemicals business division that was spun off, to achieve sustainable growth in the Digital Solution business.

As a company trusted by all stakeholders, JSR will continue to work aggressively to establish a solid business foundation and to continuously enhance our value