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Showa Highpolymer to Merge with Showa Denko

3:19 AM MST | December 16, 2009 | Deepti Ramesh

Showa Denko says it will merge its consolidated subsidiary Showa Highpolymer (SHP; Tokyo) with itself, and the merger is scheduled to take effect on July 1, 2010. SHP will therefore be dissolved on the date of the merger. Showa Denko made SHP a wholly owned subsidiary in 2006, and since then, steady progress has been made in achieving synergies between Showa Denko’s business and SHP’s performance polymers operations, including emulsions, unsaturated polyester resins, vinyl ester resins, phenolic resins, and bulk molding compounds. Showa Denko says its...

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