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AZB, Clove Legal help Mitsubishi buy Mumbai plastics business Welset Plast Extrusions

Japan’s Mitsubishi Chemical Corporation will buy the PVC compound business of Mumbai’s Welset Plast Extrusions, which is engaged in master batch (including PVC master batch) and PVC compound businesses. The transaction will complete in autumn of this year, according to Mitsubishi’s press release.

Clove Legal acted for Welset Plast Extrusions, led by partner Dharmesh Kotadia, senior associate Nupur Rustagi and associate Ashita Songara.

AZB & Partners partner Shameek Chaudhuri, senior associate Medha Marathe and associate Saloni Thakkar acted for Mitsubishi Chemical Corporation.


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