H.B. Fuller, Sekisui sign JVs in Japan, China

St. Paul, Minnesota –HB Fuller and Japan’s Sekisui Chemical Co. have signed a deal to enter into joint ventures in both Japan and China. The definitive agreement initially will give the US company the leadership position in the Chinese venture and Sekisui the majority ownership in Japan.

Sekisui and HB Fuller will merge their Japanese adhesives businesses to create a new entity named Sekisui-Fuller Co. Ltd. Sekisui will own 60 percent at first, but HB Fuller will have an option, exercisable after two years, to…

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