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| May 31, 2011 |
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Expansion of Production Facilities for Performance Polymers
in China and North America |
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| Mitsubishi Chemical Corporation |
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Mitsubishi Chemical Corporation (Head office: Minato-ku, Tokyo; President: Yoshimitsu Kobayashi) will expand production facilities for olefin thermoplastic elastomer and adhesive polymer in China and North America to further accelerate global expansion of the performance polymers business.
Olefin thermoplastic elastomer is used mainly as a raw material for automotive components such as airbag covers and adhesive polymer is used mainly as a raw material for food packaging and automotive components. Demand for these performance polymers is increasing in both China and North America.
In response to this growing demand, Mitsubishi Chemical will expand above-mentioned performance polymers production facilities in China and North America, with a total investment of some ¥700 million. This allows Mitsubishi Chemical to establish a supply and sales network in China, in addition to Japan, Europe, and North America.
The Mitsubishi Chemical Holdings Group medium-term management plan, APTSIS 15 positions performance polymers as a "growth business". Therefore, Mitsubishi Chemical will continue to promote global expansion in fields with growth potential such as automobile and medical care worldwide, including emerging countries. In addition, we will promote global expansion in fields of electric cable and wire and food packaging.
Reference: Profiles of performance polymers production facilities to be expanded
| 1. |
Production facility for olefin thermoplastic elastomer and adhesive polymer in China |
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| Company name: |
APCO (Suzhou) Co., Ltd.
Location: 148 Huashan Road, Suzhou New District, China
President: Makoto Sasaki |
| Completion: |
May 2012 |
| Production capacity increase: |
4,500t/yr
(Current production capacity: 0t/yr) |
| 2. |
Production facility for olefin thermoplastic elastomer and adhesive polymer in North America |
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| Company name: |
Mitsubishi Chemical Performance Polymers, Inc.
Location: 2001 Hood Road, Greer, SC 29650, the US
President: Mike Gragtmans |
| Completion: |
November 2011 |
| Production capacity increase: |
1,800t/yr
(Current production capacity: 9,200t/yr) |
| For further information, please contact |
Public Relations Department
Mitsubishi Chemical Corporation |
| Tel: [+81] (0)3-6414-3730 |
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