 |
|
|
 |
|
|
|
|
| July 18, 2008 |
|
| Postponement of Start-up of New Polycarbonate Resin Production Facility |
|
| Mitsubishi Chemical Corporation |
|
Mitsubishi Chemical Corporation ("MCC" Head office: Minato-ku, Tokyo, President: Yoshimitsu Kobayashi) completed the construction of a new polycarbonate resin production facility within its Kurosaki Plant in March 2008, and has prepared for commercial operation after having made a trial operation.
However, due to the surge in feedstock and energy costs caused by raising crude oil price and the continuously depressed polycarbonate resin market, the profitability of the polycarbonate business is severely deteriorating.
Therefore, after due consideration, MCC has decided to postpone the commercial operation of the new polycarbonate resin production facility, which was originally scheduled to start up this July, for a certain period.
With regard to the new schedule for the start-up, MCC will decide the proper timing, taking various factors, such as future feedstock prices, energy costs and polycarbonate market conditions, into consideration.
Reference:
MCC polycarbonate production capacity in Japan
| |
Current production facility |
(Production site; Kurosaki Plant) |
20,000 tons per year |
| |
New production facility |
(Production site; Kurosaki Plant) |
60,000 tons per year |
| For further information, please contact |
Public Relations and Investor Relations Department
Mitsubishi Chemical Corporation |
| Tel: +81-(0)3-6414-3730 |
|
|
|
 |
|
|
|
