Resonac Archives | Market Krystal https://www.marketkrystal.com/chemical-news/company/resonac/ Voice of Chemical Industry Leaders Wed, 21 Oct 2026 00:00:00 +0000 en-US hourly 1 https://wordpress.org/?v=7.0.7 148046184 Resonac to transfer Asian adhesives businesses to Sika Group https://www.marketkrystal.com/chemical-news/resonac-to-transfer-asian-adhesives-businesses-to-sika-group/ Wed, 21 Oct 2026 00:00:00 +0000 https://www.marketkrystal.com/chemical-news/resonac-to-transfer-asian-adhesives-businesses-to-sika-group/ Resonac has entered definitive agreements to transfer portions of its adhesives businesses in Japan, Taiwan and China to the Sika Group, a Swiss specialty chemicals company. The Target Businesses are…

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]]> Resonac has entered definitive agreements to transfer portions of its adhesives businesses in Japan, Taiwan and China to the Sika Group, a Swiss specialty chemicals company. The Target Businesses are centered on the Goi Plant (Noda) in Japan, the Dapumei and Minxiong plants of Resonac Li-Bond Materials (Taiwan), and Resonac Li-Bond Materials (Wuxi) in China. Completion is scheduled during 2027, subject to closing conditions, and Resonac expects the impact on its consolidated financial results to be immaterial.

Why it matters

Sika gains automotive interior and back-door adhesive capacity in Japan, Taiwan and China, potentially reshaping competition and supply for automotive adhesive customers in Asia.

Key facts

Companies Resonac Corporation, Resonac Holdings Corporation, Sika Group, Sika AG, Resonac Li-Bond Materials (Taiwan), Resonac Li-Bond Materials (Wuxi)
Chemicals solvent-based adhesives, solvent-free adhesives, hot-melt adhesives, polyurethane adhesive, epoxy adhesive
Location Goi Plant (Noda), Japan; Dapumei Plant, Taiwan; Minxiong Plant, Taiwan; Resonac Li-Bond Materials (Wuxi), China
Timing October 21, 2026, 2027
Partners Sika Group, Sika AG
End uses automotive interiors, automotive back doors, adhesives and sealants

Market context

Adhesives are engineered bonding materials used to join parts without mechanical fasteners, and they are central to modern vehicle assembly, where they bond interior trim, panels and body components while reducing weight and noise. Solvent-based, solvent-free, hot-melt, polyurethane and epoxy formulations serve different bonding and curing needs, and automotive makers and their tier suppliers are the largest drivers of demand in Asia, alongside construction, electronics and packaging. When a specialty chemicals company takes over an adhesives operation, the change can affect local supply continuity, qualification of approved products for automotive customers, and competitive positioning among regional adhesive suppliers. Buyers typically watch whether production sites, product lines and technical service move intact, since requalifying an adhesive in a vehicle program can take considerable time. Market-wide price effects from a transfer of this kind are usually limited, but shifts in capacity ownership can influence how suppliers compete for multi-year automotive contracts.

Source: official release on resonac.com. Summary and context written by Market Krystal.

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