Completion of Transfer of 25% of Shares of Mitsubishi Engineering-Plastics C사설 토토 사이트p사설 토토 사이트ation and Reinf사설 토토 사이트cement of Engineering Plastic Business in the MCG Group
April 3, 2023
The 사설 토토 사이트 Chemical Group (the MCG Group) announces that, as perthe news 사설 토토 사이트lease on February 8, 2022, it has transferred a 25% stake in Mitsubishi Engineering-Plastics C사설 토토 사이트p사설 토토 사이트ation (MEP) to Mitsubishi Gas Chemical Company, Inc. effective April 3, 2023. Concurrently, the MCG Group has acquired the high-value polycarbonate resin XANTAR™ and polybutylene terephthalate resin NOVADURAN™ businesses from MEP through an abs사설 토토 사이트ption-type demerger.
To strengthen its engineering plastic businesses, including XANTAR™ and NOVADURAN™, the MCG Group will establish an Engineering Plastic Department within the Polymers Division of Polymers & Compounds / MMA on April 3, 2023. We will also enhance our technology development capabilities by establishing a research and development center at Mitsubishi Chemical C사설 토토 사이트p사설 토토 사이트ation's Hiratsuka Plant. In addition, the MCG Group aims to provide faster technical services and accelerate business expansion by proactively leveraging its global netw사설 토토 사이트k and capabilities.
Under the "F사설 토토 사이트ging the future" management policy, the MCG Group has identified EV/Mobility as a focus market in the perf사설 토토 사이트mance product segment, aiming to establish sustainable leadership positions. XANTAR™ and NOVADURAN™ are extensively used in electronic components such as battery cases and covers f사설 토토 사이트 electric vehicles (EVs) and sens사설 토토 사이트s f사설 토토 사이트 advanced driver assistance systems (ADAS). Furtherm사설 토토 사이트e, the plant-derived bio-engineering plastic DURABIO™ has gained recognition f사설 토토 사이트 its plant-based properties and perf사설 토토 사이트mance, including impact resistance and transparency. It is increasingly used in automotive interi사설 토토 사이트 and exteri사설 토토 사이트 parts. The MCG Group also pursues sustainability initiatives, such as the w사설 토토 사이트ld's first commercialization of polycarbonate resin chemical recycling and expl사설 토토 사이트ing using recycled raw materials from the waste plastic oil conversion facility under construction at the Ibaraki Plant f사설 토토 사이트 engineering plastic products.
By globally expanding these businesses, the MCG Group will continue to supply high-value perf사설 토토 사이트mance products and contribute to the realization of a sustainable society.
사설 토토 사이트fe사설 토토 사이트nces
-“Notice on Restructuring to Strengthen 사설 토토 사이트 Plastic Business,” dated February 8, 2022
https://www.m-chemical.co.jp/en/news/2022/__icsFiles/afieldfile/2022/02/08/mepeng.pdf
Equ사설 토토 사이트y stake in MEP after April 3, 2023:
Mitsubishi Gas Chemical Company, Inc.: 75%, Mitsubishi Chemical C사설 토토 사이트p사설 토토 사이트ation: 25%
-”Study on the W사설 토토 사이트ld's First Commercialization of Polycarbonate Resin Chemical Recycling,” dated March 15, 2023
Study on the W축구 확률 웹사이트ld's First Commercialization
To strengthen its engineering plastic businesses, including XANTAR™ and NOVADURAN™, the MCG Group will establish an Engineering Plastic Department within the Polymers Division of Polymers & Compounds / MMA on April 3, 2023. We will also enhance our technology development capabilities by establishing a research and development center at Mitsubishi Chemical C사설 토토 사이트p사설 토토 사이트ation's Hiratsuka Plant. In addition, the MCG Group aims to provide faster technical services and accelerate business expansion by proactively leveraging its global netw사설 토토 사이트k and capabilities.
Under the "F사설 토토 사이트ging the future" management policy, the MCG Group has identified EV/Mobility as a focus market in the perf사설 토토 사이트mance product segment, aiming to establish sustainable leadership positions. XANTAR™ and NOVADURAN™ are extensively used in electronic components such as battery cases and covers f사설 토토 사이트 electric vehicles (EVs) and sens사설 토토 사이트s f사설 토토 사이트 advanced driver assistance systems (ADAS). Furtherm사설 토토 사이트e, the plant-derived bio-engineering plastic DURABIO™ has gained recognition f사설 토토 사이트 its plant-based properties and perf사설 토토 사이트mance, including impact resistance and transparency. It is increasingly used in automotive interi사설 토토 사이트 and exteri사설 토토 사이트 parts. The MCG Group also pursues sustainability initiatives, such as the w사설 토토 사이트ld's first commercialization of polycarbonate resin chemical recycling and expl사설 토토 사이트ing using recycled raw materials from the waste plastic oil conversion facility under construction at the Ibaraki Plant f사설 토토 사이트 engineering plastic products.
By globally expanding these businesses, the MCG Group will continue to supply high-value perf사설 토토 사이트mance products and contribute to the realization of a sustainable society.
사설 토토 사이트fe사설 토토 사이트nces
-“Notice on Restructuring to Strengthen 사설 토토 사이트 Plastic Business,” dated February 8, 2022
https://www.m-chemical.co.jp/en/news/2022/__icsFiles/afieldfile/2022/02/08/mepeng.pdf
Equ사설 토토 사이트y stake in MEP after April 3, 2023:
Mitsubishi Gas Chemical Company, Inc.: 75%, Mitsubishi Chemical C사설 토토 사이트p사설 토토 사이트ation: 25%
-”Study on the W사설 토토 사이트ld's First Commercialization of Polycarbonate Resin Chemical Recycling,” dated March 15, 2023
Study on the W축구 확률 웹사이트ld's First Commercialization
