Purchased Polymer-Tec (currently SEKISUI ALVEO BS G.m.b.H.).

Established a factory in China of YOUNGBO CHEMICAL CO., LTD (YOUNGBO HPP (LANGFANG) CO., LTD.).

Established a factory in China of YOUNGBO CHEMICAL CO., LTD (SEKISUI YOUNGBO HPP (WUXI) CO., LTD.).