Mitsubishi Gas Chemical Company, Inc. (MGC; Head Office: Chiyoda-ku, Tokyo; President: Masashi Fujii) is pleased to announce expansion of Meta-xylenediamine (MXDA) production in Europe.
MGC is expanding its production capacity of MXDA to meet the market growth in the epoxy, polyamide and isocyanate sector. MGC will be constructing a 25,000 MTA plant in Rotterdam through its newly established subsidiary, MGC Specialty Chemicals Netherlands B.V. The new plant is scheduled to start its operation in mid-2024.
MGC has just started off its 3-year management plan ‘Grow UP 2023’ this April and aims to shift to a profit structure more resilient to environmental changes. MXDA is internally defined as a “differentiating” business, to which the company will proactively allocate its resources to further strengthen its competitive advantage.
MXDA is mainly used in epoxy coatings for infrastructure applications due to its excellent anticorrosion properties, and a long-term growth in the market is expected. The new plant will be located in Rotterdam to mainly meet the demand in Europe, which is the largest market for MXDA in this sector. With the establishment of the new manufacturing subsidiary, the MGC Group will be able to strengthen its business continuity plan (BCP) and ensure the stable supply of MXDA worldwide.
The two existing plants in Japan will be in full operation until the start-up of the new plant, and will continue to serve the fast growing markets in Asia.
Rock Tech Lithium Inc to build Europe's first lithium hydroxide converter in Brandenburg, Germany
Planned investment sum 470 million euros, expected production start in 2024. Central component of the European battery value chain secures the lithium requirements of around 500,000 electric vehicl...
LUKOIL continues upgrade of Stavrolen plant with a second Gas Processing Unit in Budennovsk, Russian Federation
It is expected that the implementation of the program will increase Stavrolen's capacity to produce ethylene from 350 to 420 thousand tonnes per year, polyethylene – from 300 to 405 thousand tonnes...
ORLEN Unipetrol increases petrochemical capacities by expanding the Litvínov steam cracker with furnace in Czechia
The group plans to raise the yields of the fundamental production unit of its petrochemical segment, the steam cracker.
TotalEnergies Doubles its Recycled Plastic Production Capacity in France
TotalEnergies is doubling its mechanical recycling production capacity for recycled polymers, to meet growing demand for sustainable polymers from customers, such as Automotive Manufacturer (Auto O...