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

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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