1 April 2016
ABOUT
DETAILS
today announced that it has integrated
its three chemical subsidiaries in Spain,
by merging
* UBE Chemical Europe, S.A.U. and
* UBE Engineering Plastics, S.A.U.
into
UBE Corporation Europe, S.A.U.
(each headed by President Bruno De Bievre).
The merger is effective March 31, 2016.
UBE Corporation Europe will continue to operate
as a wholly-owned subsidiary of Ube Industries, Ltd.,
by absorbing its subsidiaries in Spain:
UBE Chemical Europe and UBE Engineering Plastics.
UBE Corporation Europe
is a holding company for the UBE Group
in Europe that mainly oversees
administrative operations for its two subsidiaries.
UBE Chemical Europe
manufactures and markets
caprolactam, ammonium sulfate, and fine chemicals,
and
UBE Engineering Plastics
manufactures and markets nylon resins.
The merger of the three Spanish subsidiaries
will enhance the operational framework
and achieve business efficiencies in Spain,
as the UBE Group moves to further strengthen
its business platform and secure growth.
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