Mitsubishi Chemical Corporation

Mitsubishi Chemical Corporation (MCC; Head Office: Chiyoda-ku, Tokyo; President: Masayuki Waga) today announced that it will acquire a German Carbon Fiber Prepreg Manufacturer, c-m-p GmbH (c-m-p; Head Office: Heinsberg, Germany) through its subsidiary, Mitsubishi Chemical Advanced Material in a move to strengthen its presence in the carbon fiber composite material business. The closing of the acquisition will be in February 2020.

C-m-p has superior production technology of unidirectional /fabric prepreg and provides solutions to various markets, particularly in the aerospace and automotive fields. By this acquisition, MCC will have prepreg plants in Europe, USA and Japan. Addition to the start-up of MCC’s sheet molding compound (SMC) production facility in Modena, Italy*, MCC will enhance its capacity to produce carbon fiber composite materials in Europe, where the mobility markets are taking the lead in applications for advanced composite materials.

In light of the expectations for carbon fiber composite materials in the creation of a circular economy, MCC will strengthen its capability to propose solutions to customers while leveraging the group’s comprehensive strength, and in turn accelerate the realization of KAITEKI.

*Refer to the news release: “Mitsubishi Chemical to Start Up SMC Production Facility in Italy” announced on July 11, 2019.

About c-m-p (as of March 2019)
Company name: c-m-p GmbH
Location         : Heinsberg, Germany
Shareholders   : DowAksa 50%, 3 private share holders
Business         : Manufacturing and sales of prepreg
Net sales        : 13.3M Euro (fiscal 2018)

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