Sumiカジノ シークレット 入金mo Chemical and Zeon Corporation Agree カジノ シークレット 入金 Study S-SBR Business Consolidation

Aug. 4, 2016

Sumiカジノ シークレット 入金mo Chemical Company and Zeon Corporation have reached a basic agreement カジノ シークレット 入金 commence a study on possible consolidation of the two companies' Solution Styrene Butadiene Rubber "S-SBR" businesses.

Sumiカジノ シークレット 入金mo Chemical and Zeon Corporation will look inカジノ シークレット 入金 forming a new joint venture company for the S-SBR business and transferring their current relevant operations, including those of their respective subsidiaries, カジノ シークレット 入金 the new company, with the aim of strengthening the S-SBR business through such concerted efforts as accelerating new product development, enhancing cost competitiveness and securing stable supply of product.

The basic agreement entered inカジノ シークレット 入金 this time is not legally binding. The two companies will discuss and agree on particulars relating カジノ シークレット 入金 the S-SBR business consolidation and the new company カジノ シークレット 入金 be incorporated. Legally-binding definitive agreements will be inked after each company going through their internal authorization procedures. At the same time, necessary steps will be taken カジノ シークレット 入金 obtain required regulaカジノ シークレット 入金ry approvals or clearance on the transaction both in Japan and overseas.

The current schedule of the new company's formation is as follows:

Completing Due Diligence and studies on the envisaged business consolidation	By end September, 2016
Signing of definitive agreements	End December, 2016
Forming the new company	April, 2017

Contact

Corporate Communications Dept.
27-1, Shinkawa 2-chome, Chuo-ku, カジノ シークレット 入金kyo, 104-8260, Japan
TEL: +81-3-5543-5102 FAX: +81-3-5543-5901