Industry News

TSRC to Acquire Dexco Polymers

Published on 2010-12-28. Author : SpecialChem

The synthetic rubber producer, based in Taiwan, TSRC Co will acquire Dexco Polymers Operating Company LLC and Dexco Polymers LP for US$168 million.

The acquisition anticipates improving technologies and also providing various options to the clients based in Asia, Europe and America.

The deal is still subject to approval from the U.S. and Taiwan regulators and planned to be completed by the second quarter of 2011.

About Dexco Polymers

Dexco Polymers LP, an affiliate of Dow Chemical Co and ExxonMobil Chemical, mainly produces the SBS and SIS rubber products.

About TSRC

TSRC is principally engaged in manufacturing commercial synthetic rubber used for vehicle tires, as well as special thermoplastic elastomer used for adhesives, industrial chemicals and shoes.

Written By : Specialchem Editorial Team
Based on information displayed on http://www.chinaknowledge.com

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