 |
 |
| September 30, 2002 |
| Mitsubishi Rayon Co., Ltd. |
|
|
| Regarding temporary stoppage of
MMA monomer production at factory of Mitsubishi Rayon's Thai subsidiary |
|
Production of MMA (methyl methacrylate)
at the plant in Map-Tha-Phut, Rayong in Thailand (annual production
capacity of 70,000 tons), which is operated by Mitsubishi Rayon's
subsidiary Thai MMA Co., Ltd.(TMMA), came to a halt on the
evening of September 23, local time, as a result of unexpected
electrical power failure.
Production was resumed on the evening of the 25th, but output
has still not returned to its normal level, and it may take 2-3 months to its
full production. TMMA is currently working very hard to minimize this problem.
Furthermore, one of the MMA plant at Mitsubishi Rayon's Otake
Production Center, which uses the acetone cyanohydrin (ACH) method, is at present
in the midst of its regular 45-day stoppage for repair and maintenance. In this
occasion, total production quantity of MMA and PMMA(poly methyl methacrylate)
is getting tight, but we are making a best effort to return to the normal situation
and satisfy our customer's needs at full speed. |
|
|
| Profile of Thai MMA Co., Ltd. |
|
| Location: |
Head office, Bangkok; Factory, Map-Tha-Phut,
Rayong |
| Established: |
January 1997 |
| Lines of business: |
Production and sale of acrylic resin
monomer |
| Production capacity: |
70,000 tons per annum |
| Paid-in capital: |
1,300 million baht (approx. ¥3,900
million) |
| Representative: |
Masatoshi Mitsui |
| Major shareholders: |
| Mitsubishi Rayon Co. Ltd. |
45%
|
Cementhai Chemicals Co., Ltd.
(The
Siam Cement Group company) |
45%
|
| Bangkok Synthetics Co., Ltd. |
5%
|
| Mitsubishi Corp. |
5%
|
|
|
|
|
|
| For further informaiton,please contact
to: |
|
| Public & Investor Relations Office:
tel +81-3-5495-3100 |
e-mail : koho@mrc.co.jp |
|
|
The contents shown herein are accurate as of the time of posting.
