Notice on Restructuring to Strengthen Engineering Plastic Business
Mitsubishi Chemical Corporation (MCC; Head office: Chiyoda-ku, Tokyo; President: Masayuki Waga) hereby announces that MCC will implement business restructuring measures aimed at strengthening MCC’s engineering plastic business, by both transferring half of MCC’s stake in Mitsubishi Engineering-Plastics Corporation (MEP; Head office: Minato-ku, Tokyo; President: Takashi Komaya), MCC’s equity-method affiliate, to Mitsubishi Gas Chemical Company, Inc. (MGC; Head office: Chiyoda-ku, Tokyo;