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DIC Corporation announces wholly owned subsidiary DIC (China) Co., Ltd. acquired Guangdong TOD New Material Co.
July 15, 2022
By: DAVID SAVASTANO
Editor, Ink World Magazine
DIC Corporation announced its wholly owned subsidiary, DIC (China) Co., Ltd., wholly acquires Chinese coating resins manufacturer Guangdong TOD New Material Co., Ltd. headquartered in Guangdong Province, China (TODNM). The price of the acquisition is undisclosed. This acquisition supports ongoing DIC Corporation efforts to expand its Asian market coating res-ins capacity, focused particularly on China—the world’s largest coating resins market. In China, DIC operates two coating resin...
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