15 articles
ACME Cleantech signed major long-term supply deals with Japanese firms IHI and Mitsubishi Gas Chemical for 405,000 tons of green ammonia and 100,000 tons of green methanol annually. Backed by subsidie
Mitsubishi Gas Chemical signed an MoU with Gold Hydrogen to assess green methanol production using natural hydrogen in South Australia, aiming to establish a zero-emission methanol value chain.
Mitsubishi Chemical Group revised its UK EVOH project investment plan due to cost overruns and delays, pushing operations to fiscal 2027. Consequently, the company will record an impairment loss of ap
Mitsubishi Chemical plans to exit its Taiwan methyl methacrylate (MMA) joint venture with CPDC, citing intensified competition from capacity expansions in mainland China.
Mitsubishi Gas Chemical plans to close its 120,000 mt/y polycarbonate plant in Kashima, Japan, by March 2028. This shutdown marks a significant reduction in regional production capacity.
Mitsubishi Chemical and Mitsui Chemicals reduced steam cracker runs in Japan, impacting ethylene production. This operational adjustment affects regional supply chains for key petrochemical feedstocks
Mitsubishi Gas Chemical halted methanol shipments from Saudi Arabia amid regional tensions, while backup procurement aims to secure Japan's supply following the reported closure of the Strait of Hormu
Mitsubishi Gas Chemical cancels its Rotterdam MXDA project citing cost and market challenges. Equipment removal and site closure are scheduled by 2029.
Konishi is acquiring Mitsubishi Chemical's synthetic resin and acrylic emulsion businesses, with the deal scheduled to complete in December 2026.
Mitsubishi Gas Chemical swung to a loss following an asset write-down driven by a sharp decline in methanol market prices during the fiscal first nine months ended December 31.
Mitsubishi Gas Chemical executed Japan's first ship-to-ship methanol bunkering operation utilizing biomethanol fuel at Yokohama port.
Mitsubishi Chemical will exit its coke and carbon material businesses due to global oversupply, projecting an 85 billion yen loss with production ending in late 2027. Carbon fiber and negative electro
Mitsubishi Chemical reported a surge in net profit but lowered its outlook due to restructuring costs. Losses in its basic materials and polymers division contracted during the fiscal first nine month
Mitsubishi Chemical will cease production of coke and carbon materials by H2 FY2027, incurring a projected $549 million loss.
Mitsubishi Gas Chemical confirmed that its methanol operations in Venezuela remain unaffected by the ongoing US military situation. Production and shipping continue safely with no harm reported to emp
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