Mitsubishi Chemical Holdings Establishes MCHC R&D Synergy Center, Inc.

Mitsubishi Chemical Holdings Corporation

Mitsubishi Chemical Holdings Corporation (MCHC; Head office: Chiyoda-ku, Tokyo; President: Yoshimitsu Kobayashi) announced the establishment of MCHC R&D Synergy Center, Inc. (RDSC), effective April 1, 2014, with the following objectives: to collect and integrate common platform technologies from the R&D operations of MCHC operating companies, take those technologies to a higher level, and promote the businesses of Group companies that are based on R&D results.

1. Outline of the new company

Company name:	MCHC R&D Synergy Center, Inc.
Head office:	Aoba-ku, Yokohama-shi, Kanagawa
President:	Hisao Urata
Established:	April 1, 2014
Paid-in capital:	50 million yen (100% MCHC investment)
Net sales:	Approximately 2.5 billion yen (estimate for initial year)
Number of employees:	Approximately 120 (when established)

2. Outline and objectives of the establishment

Until now, under the umbrella of MCHC, Mitsubishi Chemical Corporation (MCC; Head office: Chiyoda-ku, Tokyo; President: Hiroaki Ishizuka) has conducted research and development at the R&D Centers of each plant as well as its subsidiary, Mitsubishi Chemical Group Science & Technology Research Center, Inc. (MCRC; Head office: Aoba-ku, Yokohama-shi; President: Tomoyuki Mori). As of April 1, RDSC will take over analysis, simulation, and other R&D functions of common advanced platform technologies within the MCHC Group. Further, we plan to transfer those same R&D functions from Mitsubishi Plastics, Inc. and Mitsubishi Rayon Co., Ltd. as arrangements can be made.
By integrating the common platform technologies from MCHC Group companies into RDSC, we expect to further enhance those technologies and create even greater synergy. This will allow us to offer a higher level of analysis services, which in turn will be an important source of support to MCHC Group business as they turn their R&D results into new businesses. To achieve its objectives, RDSC will take a proactive stance in cooperation with universities and other public institutions to advance the introduction and use of advanced, common platform technologies.

3. Research Functions

Material characterization Laboratory:
  Material characterization, inorganic analysis, organic analysis, etc.
Functional Materials Design Laboratory:
  Optical analysis, material design, computational chemistry and physics, etc.
Chemical Engineering Laboratory:
  Computational fluid dynamics, structural analysis, advanced simulations, etc.
Safety Technology Laboratory:
  Gas and dust explosion risk, thermal hazard, etc.

For further information, please contact:
Public Relations and Investor Relations Office
Mitsubishi Chemical Holdings Corporation
TEL: [+81]-(0)3-6748-7140