Make your products visible globally with Elite Membership.
I agree to the terms and conditions
Existing User?
Sign In with Email
Remember Me Forgot Password?
New User?
Enter your registered Email ID to get reset password.
Elite Member
Individual Register
TOKYO, JAPAN: Tosoh Corporation will acquire the remaining shares of its subsidiary Nippon Polyurethane Industry Co Ltd (NPU) from Hodogaya Cheical and will convert NPU to a wholly owned subsidiary. The companies collaborated to increase the competitiveness of Tosoh group’s core operations, its vinyl isocyanate chain.
Tosoh made NPU a subsidiary in April 2006 and then upped its stake in NPU to 80.28 per cent in May of 2008. Tosoh acquired the stake on July 17, 2012, in total buying 710,000 shares. The number of shares held by Tosoh Corporation before were 80.28 per cent (2,890,000 shares) and after 100 per cent (3,600,000 shares).
However, the urgency for NPU to recover profitability is a major theme and Tosoh believes that an integrated management and streamlined operations are necessary, hence the decision to acquire the remaining stock.
© WOC News
Login
MADRID, SPAIN: The Government of Ecuador to Repsol has approved the sale of its subsidiary Amodaimi Oil Company in Ecuador to Tiptop Energy Ltd, a sub ...
NEW YORK, US: International Flavors & Fragrances Inc has reached an overall settlement with Spanish tax authorities regarding income tax deduction ...
MOUNTAIN VIEW, US/SAO PAULO, BRAZIL: Rhodia, member of the Solvay Group and Cobalt Technologies will begin joint development and operation of a biobut ...
MIDLAND, US: Dow Chemical Company has begun production in Thailand for ENLIGHT polyolefin encapsulant films for use in photovoltaic solar panels. &l ...
LONDON, UK: Euticals Ltd (formerly Archimica Ltd), manufactures and distributes speciality chemical products in Sandycroft, Deeside. Mold Crown Court ...
DELFZIJL, THE NETHERLANDS: Delamine has finalized the expansion of production capacity of ethylene amines in Delfzijl, The Netherlands. The enterprise ...
Stay updated with the latest chemical industry trends and innovations.
Verification Code has been sent to
Please enter the Verification Code below to verify your Email Address.If you cannot see the email from "noreply@worldofchemicals.com" in your inbox,make sure to check your SPAM Folder