| Mitsubishi Gas Chemical Company, Inc. (“MGC”) has resolved to construct a new production plant for metaxylene diamine (“MXDA”) at its Mizushima plant in Okayama Prefecture. The new plant will have an annual production capacity of 20,000 tons, and is scheduled to begin commercial production around October 2007.
MGC has an existing 30,000-ton MXDA plant in Niigata, and is now aiming to develop a more stable supply and a stronger business foundation by increasing annual production capacity to a total of 50,000 tons at two locations.
Demand for MXDA has been growing in recent years, with key applications including use as a raw material for Nylon MXD6 and urethane and as a curing agent for epoxy resins.
Demand for Nylon MXD6 holds particular promise for further growth in MXDA sales, as the strong gas barrier function of Nylon MXD6 is attracting wide support from the food and beverage industry for use in PET bottles, film or sheets for food wrapping, and related applications. Another factor influencing MGC’s decision to boost production is the steadily increasing demand for products such as specialty amines and high-performance resins.
MGC’s xylene business is centered on the production of metaxylene, paraxylene, orthoxylene and their derivative products, made through the process of separating and isomerizing mixed xylene. The decision to boost MXDA production stems from the Company’s policy of strengthening and expanding its proprietary metaxylene and its derivatives operations as a core business.
In the spring of 2005 MGC’s U.S. subsidiary MGC Advanced Polymers began commercial production of Nylon MXD6 in Richmond, Virginia, as part of MGC’s creation of a global supply structure. The Company is also considering starting overseas production of MXDA, and is focusing on further global development of MXDA derivatives.
For further information please contact:
Mr. Takehiro Nishimura
Corporate Communications Division
Tel.: 03 3283-5041 |
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