Toyochem acquires PSA technologies from Rohm and Haas Chemicals

Specifically, the agreement covers the global rights related to the formulation and manufacturing process, in addition to customer information, to 11 solvent acrylic PSA products.

The newly acquired product line-up will be relaunched under Toyochem’s Oribain series for industrial applications, and expand its existing PSA portfolio. Oribain adhesives are used primarily for base materials such as paper, films and foam. They are widely utilized in industrial fields including construction materials and consumer electronics, as well as for labels.

The deal will also allow Toyochem to strengthen its global PSA business in markets such as Europe, the Middle East and Africa, by leveraging the customer lists and data it has obtained through the agreement. The Asia-Pacific and North America regions have traditionally been the primary markets for PSA revenues for the Toyo Ink group.

‘This move is a perfect fit for our business, both in terms of portfolio and strategic business direction,’ said Satoru Takashima, president of Toyochem. ‘The newly acquired technology, combined with our long-cultivated technology for high performance one-component PSAs and eco-friendly high-solid one-component products, is expected to generate significant synergies.

‘We believe such new developments will contribute to the rapid expansion of this business, especially in areas we have yet to penetrate such as India, Turkey and the Middle East, as well as in emerging markets in Africa and Latin America.’