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Mitsubishi Chemical to consolidate global MMA operations

February 26/2021

MOSCOW (MRC) -- Mitsubishi Chemical Corp (MCC) will consolidate its headquarter functions for its global methyl methacrylate (MMA) business in Singapore, and rename its major MMA subsidiaries to Mitsubishi Chemical Methacrylates, effective 1 April, said Chemweek

The move is aimed at optimising the company's global product supply network by utilising digital technologies that connect regional production, costs and supply and demand.

It will lead to Уa stronger MMA operations management base that enables centralised and speedy decision-making, and the appointment and advancement of a diverse workforce,Ф MCC said.

At the same time, Mitsubishi Chemical Methacrylates Japan Co., Ltd. will be established to strengthen MMA operations in the Japanese domestic market.

Name changes, effective 1 April: Singapore Lucite International Singapore Pte. Ltd. Mitsubishi Chemical Methacrylates Singapore Co., Ltd China Huizhou MMA Co., Ltd Mitsubishi Chemical Methacrylates (Huizhou) Co., Ltd. China Lucite International (China) Chemical Industry Co., Ltd. Mitsubishi Chemical Methacrylates (Shanghai) Co., Ltd. UK Mitsubishi Chemical Lucite Group Ltd. Mitsubishi Chemical Methacrylates Ltd. UK Lucite International UK Ltd. Mitsubishi Chemical UK Ltd. US Lucite International Inc Mitsubishi Chemical America Inc.

As MRC informed earlier, Mitsubishi Chemical has acquired a greenfield property at a large integrated site in Geismar, Louisiana, and plans to advance its feasibility study for the design and construction of a 350,000-metric tons/year methyl methacrylate (MMA) plant. The plant will be the third and largest to employ the Alpha production technology developed by subsidiary Lucite. The company earlier in March this year announced its intent to build the plant.

The main application, consuming approximately 75% MMA, is in the production of polymethyl methacrylate acrylic plastics (PMMA). Methyl methacrylate is also used to produce methyl methacrylate-butadiene-styrene copolymer (MBS), used as a modifier for polyvinyl chloride (PVC).

We remind that Russia's output of chemical products rose in October 2020 by 7.2% year on year. At the same time, production of basic chemicals grew in the first ten months of 2020 by 6.3% year on year, according to Rosstat's data. According to the Federal State Statistics Service of the Russian Federation, polymers in primary form accounted for the greatest increase in the January-October output. October production of polymers in primary form grew to 857,000 tonnes from 852,000 tonnes in September. Overall output of polymers in primary form totalled 8,340,000 tonnes over the stated period, up by 17%  year on year.
Author:Anna Larionova
Tags:acryl, petroleum products, PVC, MMA (metilmetakrilat), neftegaz, petrochemistry, Mitsubishi Chemical.
Category:General News
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