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People & Business :: M&A
Nippon Shokubai merges two Singapore subsidiaries
7:27 AM MST | January 29, 2013 | Natasha Alperowicz
Nippon Shokubai has merged its two Singapore-based subsidiaries in order to rationalize its corporate structure and strengthen the management system, the company announced today. On 1 January, Singapore Glacial Acrylic Acid Pte, a producer and marketer of glacial acrylic acid, was merged with Nippon Shokubai (Asia) Pte, which until the merger was engaged in the marketing of chemicals. Nippon Shokubai (Asia), the surviving wholly owned subsidiary, has taken over production of glacial acrylic acid as well as marketing of that product, in addition to its former...
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