Mid-market trading houses
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Japan’s Chemical Trading Sector and M&A — M&A Is Redefining the Industry’s Architecture in Specialty Chemicals, Semiconductor Materials and Bio-Materials
Japan’s chemical industry is the world’s third largest after the United States and China. Less visible from outside Japan, however, is the unique role played by chemical trading houses (kagaku shosha) — a category of specialized distribution and value-added businesses that sit between chemical manufacturers and downstream industrial customers. These companies are not pure distributors in the…