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DIC acquires PCAS Canada

Japan’s DIC Corporation has acquired PCAS Canada from PCAS, a legacy subsidiary of Seqens, for an enterprise value of €82 million, and has renamed it Innovation DIC Chimitroniques. This follows agreement by both boards and the workers’ council.

PCAS Canada has a facility near Montreal producing photoresists for semiconductor photolithography, an area in which DIC expects substantial growth. DIC will combine these with its own syntheis technologies and will continue to invest in the site.

DIC, DuPont partner on water treatment

Japan’s DIC Corporation and its Sun Chemical subsidiary have agreed a strategic partnership with DuPont for degassing modules for water treatment. The aim is to double sales of these modules in industrial water treatment from the 2019 fiscal year to 2021. D

IC noted that its customers already often use its degassing modules in combination with DuPont water purification and separation products and technologies, such as ultrafiltration, reverse osmosis and ion exchange resins. This will further expand its service offer, the company said.

Sun Chemical and DIC dip into inks

New Jersey-based Sun Chemical and its Japanese parent company, DIC, have entered into a definitive agreement to acquire digital inks producer Sensient Imaging Technologies and other assets related to the production of inks from Sensient, which mainly makes colours, flavours and other speciality ingredients.

Sun Chemical said that this investment will allow it “to expand its inkjet ink capabilities and expertise using complementary technologies” in a sector it describes as strategic. Terms for the deal, which is expected to be finalised within Q2, were not disclosed.

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