Mitsubishi Gas Chemical Announces MXDA Production unit in Rotterdam, The Netherlands
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.
Categories
Investments
2020-01-01
at Port of Rotterdam (NL)Countries
Companies
Latest news
Symrise starts production unit in Granada enabling a more secure and sustainable supply of Hydrolite® 5 green
Symrise announces the opening of a new production unit at its facility in Granada, Spain. The plant is dedicated to Hydrolite® 5 green, the high-quality, biobased pentylene glycol from its Cosmetic...
Exolum to Drive Transition Towards Sustainable Fuels at Düsseldorf Airport with €70 Million Investment
The company will build and operate for 20 years a new storage and distribution plant at Düsseldorf Airport, Germany’s fourth largest, connected to the railway network to reduce road transport and C...
Green Light for LyondellBasell Pyrolysis Plant in Wesseling
LyondellBasell's plans for a new pyrolysis plant in Wesseling, Germany, are moving forward after the company received its first partial permit for construction.
Ercros reduces its CO2 emissions by 38% in 4 years
Chemmed Cluster Tarragona →Ercros reduced by 38% its greenhouse gas (GHG) emissions, direct and indirect from energy consumption, and by 9% its total emissions index.These improvements are the result, among others, of the ac...