CHARLOTTE, N.C.--(BUSINESS WIRE)--Mitsubishi Chemical America, Inc. announced today that is has merged with seven of its subsidiaries in the United States to form an expanded and integrated company. The core businesses of the merging companies include acrylic monomers, polyester film, specialty resins, performance polymers, imaging materials, battery materials and metal composites.
The merging companies are Dianal America, Lucite International, MC Ionic Solutions US, Mitsubishi Chemical Composites America, Mitsubishi Chemical Imaging Corporation, Mitsubishi Chemical Performance Polymers and Mitsubishi Polyester Film. This regional integration is part of a global Mitsubishi Chemical initiative that is also underway for selected subsidiaries in Germany and the United Kingdom.
“The strength of Mitsubishi Chemical is in the diversity of our products, technologies and employees around the globe. The U.S. merger will improve efficiency and collaboration across our businesses, further enabling the development of comprehensive and innovative solutions that our customers seek,” said Randy Queen, president of Mitsubishi Chemical America, Inc. “By aligning the technical expertise, resources and capabilities that each company possesses, we are better positioned to address the evolving and complex needs of our customers. The merger will have a synergistic effect, accelerating our regional efforts in areas such as digital transformation, advanced business analytics and contribution toward a circular economy—each of which will generate long-term value for our customers and shareholders.”
The regional headquarters for Mitsubishi Chemical America, Inc. is located in Charlotte, North Carolina.
About Mitsubishi Chemical America, Inc.
Mitsubishi Chemical America is a leading global provider of chemistry-based solutions for numerous key industries and is one of four regional headquarters for its parent, Mitsubishi Chemical Corporation. Our solutions are realized through our core values of sustainability, health and comfort to achieve KAITEKI—the sustainable well-being of people, society and our planet Earth. By creating KAITEKI value today, we help to ensure value for tomorrow. For more information, visit, mitsubishi-chemical.com.