SUMITOMO CHEMICAL COMPANY,LIMITED “(Progress of Disclosed Matters) Notice Regarding the Conclusion of an Absorption-Type Company Split Agreement (Simplified Absorption-Type Company Split) Related to the Integration of Domestic Polyolefin Businesses (PP and LLDPE).”

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Sumitomo Chemical is consolidating its domestic polyolefin operations through a simplified absorption-type company split, which should streamline manufacturing efficiency and reduce operational complexity in its polypropylene and linear low-density polyethylene businesses. This restructuring likely aims to improve profitability and competitiveness in these commodity chemical segments while potentially unlocking cost synergies.

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