Mitsui Toatsu and Mitsui Sekka confirm merger talks.

From: Chemical Week | Date: April 29, 1992| Author: Chynoweth, Emma; Wood, Andrew | Copyright information

Japanese chemical manufacturers Mitsui Sekka and Mitsui Toatsu Chemicals have had preliminary merger talks but claim they will suspend discussion for a year. A merger of the two members of the Mitsui family, or keiretsu, would make them one of Japans' largest chemical groups. Mitsui Sekka, a petrochemical commodity producer, and Mitsui Toatsu, manufacturer of fine and specialty chemicals and engineering resins, have long been seen as complementary firms. Possible obstacles to a merger could b...

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