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Mitsubishi Gas Chem to build hydrogen peroxide plant in Taiwan

February 17/2020

MOSCOW (MRC) -- Mitsubishi Gas Chemical Company (MGC) is set to construct a new production facility for industrial hydrogen peroxide (IHP) in Taiwan with an investment of TWD4.7bn (USD156.6m), said Chemicals-technology.

The latest move comes as the company aims to further develop its business for super-pure hydrogen peroxide (SPHP), which is used in semiconductor production processes.

Production at the facility will commence in January 2023. It is expected to have an annual production capacity of 40,000t of hydrogen peroxide.

According to the company, many semiconductor foundries in Taiwan are constructing fabrication plants using advanced technologies, and are also planning high investments going forward.

Following these developments, Mitsubishis new plant is expected to meet the increase in demand for high-quality SPHP.

MGC aims to produce and distribute SPHP characterised by stable supply and promote business expansion.

The company plans to develop integrated local production ranging from IHP raw material (RHP) to SPHP. The future IHP facility will supply RHP to the SPHP facility, which is currently operational.

As MRC informed earlier, Mitsubishi Chemical plans to announce details in the first quarter of 2020 of a methyl methacrylate (MMA) project on the US Gulf Coast.

Mitsubishi Chemical with headquarters in Tokyo, Japan, is a diversified chemical company involved in petrochemicals, polymers, agrochemicals, speciality chemicals and pharmaceuticals. The company's main focus is on three business pillars: petrochemicals, performance and functional products, and health care.

MMA is used to produce homopolymers and copolymers, the most widely used are casting, molding or extrusion of polymethyl methacrylate (PMMA) or modified polymers.

Acrylonitrile is one of the main raw materials for the production of acrylonitrile butadiene styrene (ABS).

According to the ICIS-MRC Price Report, in November, ABS imports to Russia amounted to 3,300 tonnes against 3,500 tonnes a month earlier and 4,100 tonnes in November last year. Following the results of eleven months, ABS import into the country slightly decreased compared to the same period last year and amounted to 31,300 tonnes. .

Mitsubishi Chemical with headquarters in Tokyo, Japan, is a diversified chemical company involved in petrochemicals, polymers, agrochemicals, speciality chemicals and pharmaceuticals. The company's main focus is on three business pillars: petrochemicals, performance and functional products, and health care.


mrcplast.com
Author:Anna Larionova
Tags:acryl, akrilonitril, Mitsubishi Chemical.
Category:General News
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