Kumho Polychem

JSR to Complete 115B Yen Transfer of Elastomers Business to Eneos in April 2022

Leading synthetic rubber manufacturer JSR Corp. (TYO:4185) has announced plans to transfer its elastomers business to Eneos Corp. Due to be completed on April 1, 2022, the deal here will be based on a valuation of 115 billion yen ($1.05 billion). Commenting on the deal, JSR CEO Eric Johnson acknowledged that elastomers have been a core business for JSR since...

Please subscribe to read the full story.

[lwa template="modal" register="0"]Subscribe

Continue Reading