USA: Plant Shutdown Mitsubishi Chemical to Stop MMA and MAA Production at Texas Unit
Mitsubishi Chemical Corporation has plans to end methyl methacrylate monomer and methacrylic acid production at its Beaumont site in Texas, the United States, thus, resulting in closing down the plant.
Japan – Mitsubishi Chemical Corporation has recently announced that it has decided to end methyl methacrylate (MMA) monomer and methacrylic acid (MAA) production at the Beaumont site of Lucite International, a subsidiary of MCC in Texas, the United States, and close that facility.
The MCC Group including Lucite International is a leading MMA supplier capable of producing MMA monomer through three different methods, with production sites in various regions worldwide.
According to the firm, the reason behind this decision is to boost competitiveness and optimise its supply chain in keeping with demand and supply trends for raw materials. The scheduled production termination date is February 28, 2021.