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Home » Cytec to Acquire All of Resins Joint Venture
WEST PATERSON, NJ - Cytec Industries Inc. announced agreements with Mitsui Chemicals Inc. in which Cytec will acquire 100% of the two companies' ownership interests in the Mitsui-Cytec Ltd. joint venture.
When completed, the transaction will give Cytec complete ownership of the joint venture's coatings-resins business, which includes a manufacturing facility in Shimonoseki, Japan. The transaction is subject to regulatory approvals; terms were not disclosed.