is a Japanese chemical industry company formed in October 2005 from the merger of Mitsubishi Chemical Corporation and Mitsubishi Pharma Corporation. The company is headquartered in Tokyo and is one of the major companies in the Mitsubishi multinational conglomerate.
History On December 4, 2021, the company announced they would be leaving the commodity chemical businesses by the 2023 fiscal year. The petrochemical and coal-chemical units accounted for $4.8 billion a year in sales and they said the reason for divesting is Japan's shift toward carbon neutrality and poor growth potential.
References
External links