AGC Purchases Stake in Chemical Company
January 3, 2013
Asahi Glass Co. Ltd. (AGC) has made an agreement with Adeka Corp.
to acquire a 78.75 percent stake of Kashima Chemical Co. Ltd., according
to an announcement from AGC. Kashima will now act as a subsidiary
Kashima Chemical is a supplier of epichlorohydrin, a raw material
for epoxy resins which are used in both the auto and electronics
industries, according to the announcement.
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