Mitsubishi Chemical will acquire the firms – Minger Kunststofftechnik and Minger Plastic. The move is in line with the company’s strategy of promoting a circular economy and will also enable the firm to create an integrated business model for engineering plastics.
The acquisition is expected to be completed by the end of February this year.
(Source: Deposit Photos)
Tokyo/Japan – Mitsubishi Chemical Corporation has recently decided that it will acquire two Swiss engineering plastics recyclers, Minger Kunststofftechnik and Minger Plastic (collectively, the Minger Group), through its group company Mitsubishi Chemical Advanced Materials as a part of the company’s efforts to promote the circular economy. The acquisition is expected to be completed by the end of February this year.
Based on the Mitsubishi Chemical Holdings (MCHC) Group’s Kaiteki Vision 30, MCC makes the circular economy a key element in its realisation of Kaiteki, and plastic recycling is an important initiative within this basic policy.
Specialist Book „Heat Transfer Technique“The comprehensive standard work „Heat Transfer Technique“ offers not only a detailed and well-founded presentation of the basics of heat transfer technique, but also shows the latest state of the art and the latest regulations in the use of organic fluids. Thematically, the book is rounded off with an overview of property data of organic heat transfer fluids as well as many use cases from practical experience.
The Minger Group has superior proprietary recycling technologies for engineering plastics like Peek (Polyether Ether Ketone), PVDF (Poly Vinylidene Di Fluoride) and nylon. It possesses a material collection network that spans a wide area of Europe, a track record of recycled material transactions with over 100 customers, and an established business model for recycling engineering plastics in the region.
The acquisition will allow MCC to establish an integrated business model for engineering plastics, from manufacturing to sales, machining, collection, and reuse. Going forward, the company will continue to strengthen its capability to propose solutions to users as a leader in the engineering plastics industry and will contribute to the realisation of a recycling-based society.
Unfold for details of your consent
Stand vom 23.03.2021
Naturally, we always handle your personal data responsibly. Any personal data we receive from you is processed in accordance with applicable data protection legislation. For detailed information please see our privacy policy.
Consent to the use of data for promotional purposes
I hereby consent to Vogel Communications Group GmbH & Co. KG, Max-Planckstr. 7-9, 97082 Würzburg including any affiliated companies according to §§ 15 et seq. AktG (hereafter: Vogel Communications Group) using my e-mail address to send editorial newsletters. A list of all affiliated companies can be found here
Newsletter content may include all products and services of any companies mentioned above, including for example specialist journals and books, events and fairs as well as event-related products and services, print and digital media offers and services such as additional (editorial) newsletters, raffles, lead campaigns, market research both online and offline, specialist webportals and e-learning offers. In case my personal telephone number has also been collected, it may be used for offers of aforementioned products, for services of the companies mentioned above, and market research purposes.
In case I access protected data on Internet portals of Vogel Communications Group including any affiliated companies according to §§ 15 et seq. AktG, I need to provide further data in order to register for the access to such content. In return for this free access to editorial content, my data may be used in accordance with this consent for the purposes stated here.
Right of revocation
I understand that I can revoke my consent at will. My revocation does not change the lawfulness of data processing that was conducted based on my consent leading up to my revocation. One option to declare my revocation is to use the contact form found at https://support.vogel.de. In case I no longer wish to receive certain newsletters, I have subscribed to, I can also click on the unsubscribe link included at the end of a newsletter. Further information regarding my right of revocation and the implementation of it as well as the consequences of my revocation can be found in the data protection declaration, section editorial newsletter.