Industry News

DIC, Hitachi JV DH Material to Become Wholly Owned Subsidiary of DIC

Unsaturated polyester resins, vinyl ester resins JV was established in 2005

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By: DAVID SAVASTANO

Editor, Ink World Magazine

DIC Corporation and Hitachi Chemical Co., Ltd. agreed this month that their joint venture, DH Material Inc., will become a wholly owned subsidiary of DIC. DH Material was established in February 2005, with DIC and Hitachi Chemical each contributing 50% of the total investment, principally to handle the two companies’ unsaturated polyester resins and vinyl ester resins manufacturing, sales, research and development activities in Japan. Since then, DHM has advanced its business, mainly within ...

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