Tosoh has decided to acquire all shares held by Asahi Kasei in Nanyo Kasei, their 50-50 joint venture, making the company a wholly owned subsidiary. Nanyo Kasei was established in 1980 by Nippon Polyurethane Industry Co. (now Tosoh Corporation) and Asahi Kasei for the production of HDI monomer. Currently, Tosoh and Asahi Kasei supply raw materials and other inputs to…
