Sumitomo Chemical said its first-phase company split for its Japanese polypropylene and linear low-density polyethylene business took effect on July 1, 2026.
The company said target polyolefin businesses move to Prime Polymer, with Sumitomo Chemical taking a 20 per cent stake.
Sourcing teams can watch phase two, which the company said is planned for April 1, 2027.
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Japan's Sumitomo Chemical begins PP, LLDPE split on July 1, 2026
By Saartaj
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