Mitsubishi Chemical: Acquisition of AdvanSource Biomaterials‘ TPU business
Mitsubishi Chemical Corporation (MCC) announced that it will acquire the thermoplastic polyurethane elastomer (TPU) business of AdvanSource Biomaterials Corporation (ASB) with headquarters in Wilmington, MA, USA. ASB achieved net sales of approximately USD 3 million in fiscal year 2018. MCC said it plans to complete the acquisition in January 2020 through Mitsubishi Chemical Performance Polymers, Inc. located in Greer, SC, USA, a subsidiary engaged in the […]