Mitsubishi Chemical is an all-round chemical company, founded on the development of a diverse range of chemical materials, as well as the application of those materials to a variety of uses. Mitsubishi Chemical is headquartered in Tokyo, Japan and has around 41,480 employees.
History
The company was established in 1934.
Company movements
In August 2009, Mitsubishi bought a 19.5% stake in Deccan Fine Chemicals. For more on this story please see Mitsubishi Corp buys a 19.5% stake in Deccan Fine Chemicals on ICIS news.
In April 2009, Mitsubishi Chemical (MCC) said it plans to establish a strategic business partnership with Sinopec, covering joint research, project tie-ups, supplies of raw materials and finished products, engineering, logistics, technology transfers and human resources.
Chemicals
This division consists of four segments and has three production facilities at Kashima, Yokkaichi and Mizushima.
Basic Petrochemicals & Industrial Chemicals
Mitsubishi Chemical is a major petrochemical manufacturer and claims to represent Japan's largest production source for petrochemical products.
Polymer Products
Mitsubishi Chemical is among the largest domestic market share leaders in the field of polymer products.
Raw Materials for Synthetic Fibres
Mitsubishi Chemical supplies raw materials including purified terephthalic acid (PTA), ethylene glycol (EG), caprolactam and acrylonitrile (ACN) for clothing and is advancing the use of polyester in such varied applications as polyethylene terephathalic (PET) bottles and film.
C4 Derivatives
Mitsubishi Chemical manufactures a variety of C4 derivatives.
Carbon and Agrochemicals
This division includes carbon products - primarily coke and agricultural products, such as inorganic fertilisers and agricultural chemicals.
Performance Products
Electronics Applications
This division has a firm foundation in such varied fields as imaging materials and storage, information storage, chemicals systems and compound semi-conductors.
Designed Materials
Intermediates with unique functions including varieties of aldehydes, which are used as raw materials for fragrances and flavours; monomers for polyimides; and epoxy resin and its raw materials for semiconductors.
Healthcare
Pharmaceuticals
Mitsubishi Chemical began full-scale operations in pharmaceuticals in 1971 and since then has developed twelve different types of ethical drugs.
Automotive Solutions
A range of automotive solutions.
Mitsubishi Chemical
Strategy & Financial Highlights
Mitsubishi Chemical Corporation (MCC) says that in fiscal year 2009 it faced a sudden decline in domestic and overseas demand affected by the global financial crisis. On that basis, it experienced a “substantial” drop in sales and profits. (Edited from: “To our stockholders and stakeholders). ICIS also provides you with key financial data listed in table form.
More about Mitsubishi Chemical Strategy & Financial Highlights
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