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AGC transfers shares of polymer material business to Saint-Gobain
Under its medium-term regulation plan AGC plus-2026, the AGC Group is pursuing business portfolio transformation. After careful consideration of the future development and research of APK, whose core business is the manufacturing and sale of polyurethane waterproofing materials to buildings, AGC concluded that becoming part of Saint-Gobain K.K., which has a broad portfolio of construction materials businesses, would provide the best opportunity to APK to further enhance its future development and research.
The financial impact of this transaction on AGC’s consolidated results is expected to be minimal.
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