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News Releases 1996
September 26, 1996
Mitsubishi Chemical Kojin Packs Corporation Starts Operations
Kojin Co., Ltd.
Mitsubishi Chemical Corporation
The Kojin Co., Ltd. (Head Office: Minato-ku, Tokyo, President: Hiromichi Miwa) and Mitsubishi Chemical Corporation (Head Office: Chiyoda-ku, Tokyo, President: Akira Miura) have reached an agreement regarding a comprehensive tie-up for their converting plastic film operations. At this stage,the sales divisions of both companies for this product will be integrated. The new company has been dubbed Mitsubishi Chemical Kojin Packs Corporation, and will commence operation on Oct. 1st as scheduled.

See attached sheet 1 for an outline of the new company.


For further information, please contact
Kojin Co., Ltd.,
General Affairs & Personnel Division,
Tel: [+81] 3-3504-3111
Mitsubishi Chemical Corporation,
Public Relations Dept.,
Tel: [+81] 3-3283-6274




<Attachment>

Outline of New Company
1. Company Name Mitsubishi Chemical Kojin Packs Corporation
2. Capital 400 million yen (Kojin: 50%, Mitsubishi Chemical: 50%)
3. President Tetsushi Adachi
(previous Executive Managing Director of Kojin Co., Ltd.)
4. Sales Items Biaxially-oriented nylon film
Biaxially-oriented polyester film (as a wrapping material)
Biaxially-oriented co-extruded nylon-based barrier film
Linear low-density polyethylene film
Glass-evaporated barrier film
Cellophane
5. Sales Forecast First Year 7.5 billion yen (6-month period)
1998 20.0 billion yen
6. Commencement of Business October 1, 1996
7. Offices Head Office: Tokyo
Branches: Tokyo, Osaka, Nagoya, Fukuoka
8. Locations Tokyo Head Office
6th Flr. Isuzu Shiba Bldg., 4-2-3 Shiba, Minato-ku, Tokyo 108
Tel: 03-3769-6022 Fax: 03-3769-6027
Osaka Branch Office
33rd Flr. OAP Tower, 1-8-30 Tenmanbashi, Kita-ku, Osaka 530
Tel: 06-881-6047 Fax: 06-881-6072
Nagoya Branch Office
2nd Flr. Dai-Nagoya Bldg., 3-28-12 Meieki, Nakamura-ku, Nagoya 450
Tel: 052-565-3850 Fax: 052-565-3853
Fukuoka Branch Office
Fukuoka Chogin Bldg., 2-13-7 Tenshin, Chuo-ku, Fukuoka-shi 810
Tel: 092-751-8054 Fax: 092-713-5903
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