Sumitomo Exits Styrene JV with Denka

Denki Kagaku Kogyo (Denka) says it will buy Sumitomo Chemical out of their ethylbenzene and styrene production joint venture, Chiba Styrene Monomer. Denka already holds a 60% stake in the Chiba, Japan based jv while Sumitomo holds the rest. The transaction is expected to be effective on April 28...

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