Article
Email Email Print Print
Clip Clip & File

Only on Che.com :: Latest News

June 16, 2014

Mitsubishi Rayon and Mitsui to form JV for MMA production in the U.S.

Mary Page Bailey

Mitsubishi Rayon Co. (MRC; Tokyo, Japan; www.mrc.co.jp) and Mitsui & Co. have signed a memorandum of understanding to agree to commence detailed feasibility studies for the establishment of a joint venture (JV) in the U.S. to produce methyl methacrylate (MMA) monomer with a new production unit. The production unit will have a planned MMA capacity of 250,000 metric tons per year (m.t./yr). The exact location for the U.S.-based unit has not been decided yet, and operations are scheduled to commence by the end of 2018. MRC will be the majority stakeholder in this JV.
 
The two companies have also entered into a non-binding material terms of agreement with The Dow Chemical Company (Midland, Mich.; www.dow.com) for the partial supply for feedstock form Dow to the JV through Mitsui for the production of MMA monomer and potential supply of the MMA monomer from the JV to Dow.

Add a Comment

Name:
Email:
Comments:

Please enter the letters or numbers you see in the image. (refresh)
 
 

Related Stories

LinkedIn Groups

Our LinkedIn group is now over 33,000 members strong!

  1. Join other CPI professionals from all over the globe and share best practices, expertise, concerns and more.
  2. Provide feedback to Chemical Engineering Editors


Current members represent Worley Parsons, DuPont, SABIC, Fluor, Air Products, LyondellBasell, Nalco, Dow Chemical, Dow Corning, BASF, Jacobs Engineering, ExxonMobil, Shell, Chevron and more.

Join Now



We also offer the following subgroup for more targeted discussions:

Tools
Search the Buyers' Guide

Plant Cost Index

Facts at Your Fingertips (archive)

Ask the Experts

Back Issues
X
To access this area, please log in or create an account.
Username:
Password:
Forgot your password?
Request it now.
Processing...
Live chat by BoldChat