MITSUBISHI Chemical Company Announces Closure Of Mountain Factory
MITSUBISHI Japan The chemical company (MCC) announced that the company plans to close the benzene two formic acid production facility in Songshan (Matsuyama) factory and a parylene production facility in the Mizushima plant, which is a raw material for the production of benzene two formic acid. MCC will take half of the benzene two acid business from headquarters. Japan Move to Singapore and India to form an Asian business structure.
Pairs of Pine Hill factories Benzene two formic acid Parylene production facilities in production facilities and island factories are expected to be closed in December 2010 and May 2010, respectively. According to the business agreement with AG. international, the production of two benzene acid in Songshan factory will continue.
MCC company's right. Benzene two formic acid The basic principle of business development is to implement local production in the consumption area, for example, Indonesia, India, China and Korea, and the overall business management is in Japan.
In addition, the company has decided to close the Japanese production facilities and build a first-class terephthalic acid plant in India, which started construction in January 2006, will be completed by the end of February 2009 and will start commercial operation in September 2009. Therefore, terephthalic acid business will mainly develop in other Asian countries outside Japan.
MCC plans to move its business headquarters to Singapore in June 2009, and moved its technology headquarters to India by the end of 2009, aiming at setting up a new business model (the ultimate responsibility of PTA business is still in Japan). While ensuring the localization of raw material procurement, sales, technology and human resources, MCC will further promote its business structure reform.
Editor: vivi
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