Sumitomo Chemical Co. (Tokyo, Japan) has acquired the assets of a liquid-crystal-polymer (LCP) neat resin business from Syensqo S.A. (Brussels, Belgium). By incorporating the products and technology acquired from Syensqo through this acquisition, the Company will strengthen its system for meeting new market needs and further expand its LCP business, particularly in ICT and mobility applications.
LCP is a type of super engineering plastic known for its excellent heat resistance, fluidity, and dimensional accuracy. It is used in various applications, including electronic components for PCs and smartphones. Sumitomo Chemical has been expanding its LCP business by leveraging its market-leading technical strengths in the research and development of polymer materials and their applications to meet market needs.
In recent years, LCP has garnered attention as a material for such things as power devices to meet increased electrical demand and the shift to EVs, next-generation millimeter-wave radar for autonomous driving, and high-capacity connectors for data centers. From this, the LCP market is expected to achieve further growth.
The LCP neat resin product technology Sumitomo Chemical has acquired from Syensqo is known for its high heat resistance. By incorporating Syensqo’s lineup and technology, the Company will be able to better meet the needs of society. In addition, by utilizing Syensqo’s LCP development pipeline and production technology, Sumitomo Chemical expects to expand its product lineup, not only in the ICT and mobility fields, but also across a wide range of applications.