Mitsubishi Chemical Corporation (MCC; Head office: Chiyoda-ku, Tokyo; President: Masayuki Waga) today announced plans to establish a new production site for performance polymers in Chengdu, Sichuan Province, China, and start production of PVC slush powder, which is suitable for automotive interior panel skins and other parts, in the spring of 2019.

 

Currently, MCC has two production sites for performance polymers in Suzhou and Changshu, located in Jiangsu Province in coastal China, and produces PVC compounds including PVC slush powder, thermoplastic elastomer, and adhesive polyolefin, for various applications such as automobiles, electric wires and cables, and construction materials. The automotive market of performance polymers in China has shown a steady expansion, and expectations are especially high for the future growth in demand for PVC compounds including PVC slush powder, which have excellent design capabilities and texture, for use in automotive interiors. MCC aims to meet this robust demand by establishing a new performance polymer production site, through a newly-established subsidiary in Chengdu, in west-central China, where automotive parts production sites have clustered in recent years. The company also plans to look into production of items for the food, medical care, and optical fields, which, like performance polymers, are expected to see significant growth in the future.

 

MCC will continue to enhance its performance polymers business through diversifying its application portfolio and accelerating business development in growth markets.

Outline of New Subsidiary in Chengdu

1.Company name: Ryoka Performance Polymers (Chengdu) Co., Ltd. 

2.Line of business: Resin compound business

                               (PVC compounds including PVC slush  powder for automotive parts and other products)

3.Location (Head office and Plant): Chengdu, Sichuan Province, China

4.Establishment: August 2018

5.Representative: Franck Ruel

6.Employees:  Approximately 20