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Mitsubishi Chemical says no decision has been made on MMA plant in the US

2:30 AM MST | December 24, 2012 | Natasha Alperowicz

Mitsubishi Chemical Holdings and its Mitsubishi Rayon subsidiary said on Sunday that no decision has been made regarding the construction of a methyl methacrylate (MMA) plant in the United States. The announcement was in response to a Sunday article in Nikkei business, which said that Mitsubishi Chemical Holdings plans to invest ¥50 billion to ¥60 billion yen ($590 million to $710 million) in a plant that will use low-cost materials from Dow Chemical and take advantage of cheap North American shale gas. Mitsubishi Chemical plans to build an acrylic...

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