Markets :: Basic Chemicals :: Petrochemicals :: Styrene
Sumitomo Exits Styrene JV with Denka
10:33 AM MST | January 12, 2012 | Natasha Alperowicz
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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