Mitsui Chemicals and DBJ to Acquire Semiconductor-Materials Supplier JSR for 1.84 Trillion Yen

Mitsui Chemicals, in partnership with the Development Bank of Japan (DBJ), has agreed to acquire JSR, a semiconductor-materials supplier, for approximately 1.84 trillion yen (about $11.6 billion). The transaction, approved by Mitsui Chemicals' board on November 9, aims to create a larger Japanese supplier of materials crucial for advanced chip manufacturing.