Posted in | News | Automotive Materials

Sekisui Chemical Acquires Youngbo America

Sekisui Chemical Co., Ltd. of Tokyo, Japan and Youngbo Chemical Co., Ltd. of Korea have agreed to transfer 100% ownership of Youngbo America to Sekisui Voltek LLC. Sekisui Chemical is a 51% shareholder of Youngbo Chemical. This move consolidated US operations under one entity, Sekisui Voltek LLC. Sekisui Voltek will utilize the former Youngbo America's California facility as a West coast sales office and distribution center to better serve its West coast customers.

In addition to this acquisition Sekisui Voltek also announced that they have significantly expanded capacity of both XLPE and XLPP Volara foam production to meet predicted strong growth in their 3 major business sectors: Automotive, Industrial and Tape & Healthcare.

http://www.sekisuichemical.com

Tell Us What You Think

Do you have a review, update or anything you would like to add to this news story?

Leave your feedback
Your comment type
Submit

While we only use edited and approved content for Azthena answers, it may on occasions provide incorrect responses. Please confirm any data provided with the related suppliers or authors. We do not provide medical advice, if you search for medical information you must always consult a medical professional before acting on any information provided.

Your questions, but not your email details will be shared with OpenAI and retained for 30 days in accordance with their privacy principles.

Please do not ask questions that use sensitive or confidential information.

Read the full Terms & Conditions.