[Photo] Daelim to acquire US chemical firm’s rubber operation

Posted on : 2019-11-01 18:10 KST Modified on : 2019-11-01 18:10 KST

Daelim Industrial is set to acquire the synthetic rubber and latex operations of US chemical firm Kraton Corporation for US$530 million. Daelim’s acquisition of Kraton’s Cariflex unit includes a plant in Brazil and proprietary technology. The deal mark’s Daelim’s first ever acquisition of an overseas chemical unit. As part of the deal, Daelim will establish a subsidiary within the US.

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