Mitsubishi Chemical under its subsidiary firm Mitsubishi Chemical America has plans to acquire Gelest, an American organic and inorganic hybrid chemicals manufacturer. Both the companies have entered into a definitive agreement for this purpose.
As bioethanol booms in the Americas, special technology is needed to untap the full potential of this renewable fuel. Mitsubishi Chemical and Taiyo Nippon Sanso announced plans to jointly market a dehydration system using Mitsubishi's Zebrex zeolite membranes for bioethanol production processes in the US.
No light at the end of the tunnel insight for the Japanese chemical industry: As a reaction to global overcapacities and declining margins, Mitsubishi Gas Chemical announced its withdrawal from the purified terephthalic acid (PTA) business.
Neuland Laboratories Ltd has opened a new manufacturing facility constructed as part of its collaboration with Tokyo-based API Corporation (APIC), a healthcare unit of Mitsubishi Chemical Holdings Group. The new facility, which is located in a Neuland complex in Pashamylaram, Hyderabad, is the first manufacturing facility that APIC has established outside of Japan.