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Mitsubishi Rayon and Mitsui & Co. to establish MMA joint venture in US

7:52 AM MDT | June 16, 2014 | Deepti Ramesh

Mitsui & Co. and Mitsubishi Rayon have signed a memorandum of understanding and agreed to commence detailed feasibility studies to establish a joint venture in the United States to manufacture methyl methacrylate (MMA) monomer, the companies announced today. Mitsubishi Rayon will be the majority shareholder in the jv that will build a world-scale plant with a production capacity of 250,000 m.t./year of MMA. Mitsubishi Rayon and Mitsui & Co. have also entered into a nonbinding agreement with Dow Chemical to potentially exchange Dow feedstock and...

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