25.08.2016 • NewsElaine BurridgePPLyondellBasell

Japanese Buy LyondellBasell’s Share in PP Producer

Japanese firms Showa Denko and JX Nippon Oil & Energy are to acquire the 50% stake held by partner LyondellBasell in their PP joint venture SunAllomer. Financial terms were not disclosed. Showa Denko and JX Nippon Oil & Energy said they will make the acquisition on Aug. 31 through SDK Sunrise Investment (SSI), which they jointly own. SSI will then be merged into SunAllomer on Nov 1.

The partnership between SunAllomer and LyondellBasell in various areas, including technology, marketing and sales, will be maintained. Tokyo-headquartered SunAllomer has total PP capacity of 408,000 t/y, producing 281,000 t/y in Oita and 127,000 t/y in Kawasaki.

Innovation Pitch

The Start-up Platform for Chemistry & Life Sciences
Discover Tomorrow’s Innovators

The Start-up Platform for Chemistry & Life Sciences

CHEManager Innovation Pitch supports innovation in the chemistry and life sciences start-up scene. The platform allows founders, young entrepreneurs, and start-ups to present their companies to the industry.

Free Expert Insights

Dual‑Targeting Breakthroughs
Advancements in Bispecific Antibody Development

Dual‑Targeting Breakthroughs

Unlock the latest breakthroughs in bispecific antibody development! Download Wiley’s free Expert Insights eBook to explore cutting-edge dual-targeting strategies, advanced purification methods, and bioanalytical technologies transforming immunotherapy and cancer treatment.

most read

Photo
28.07.2025 • NewsChemistry

VCI Welcomes US-EU Customs Deal

The German Chemical Industry Association (VCI) welcomes the fact that Ursula von der Leyen, President of the European Commission, and US President Donald Trump have averted the danger of a trade war for the time being.