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JAPAN CHIP MATERIALS MAKER RESONAC LOOKS TO CHASE DEALS AFTER RESTRUCTURING

NEWS Desk Global



Japan's Resonac Holdings is looking to make deals after reducing its borrowing and wants to be involved when a state-backed fund exits from peer JSR, the CEO of the chip materials maker said on Wednesday.

Resonac was formed by Showa Denko's acquisition of the larger Hitachi Chemical and has been selling assets with a partial spin-off of its petrochemical business planned.

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