Materials Solution Group
Taking a comprehensive view of the materials industry
to help strengthen and decarbonize its supply chain
With the materials industry being one of Japan's core industries, the Materials Solution Group takes a comprehensive view of its supply chain and promotes the strengthening of competitiveness and reduction / decarbonization of the industry.
Utilizing knowledge and experience in the broad materials industry gained through trading and our existing businesses, we will define focus areas, develop and strengthen our business, build a large-scale business foundation in each area, and aim to create a business portfolio that will provide stable profits.
Organizational Structure
Essential Materials Division
The Essential Materials Division engages in the trading, manufacturing and sale of essential resource materials in the manufacturing industry for a variety of materials around us, mainly for construction and infrastructure applications.
For example, this division operates Cape Flattery Silica Mines (an Australian silica sand mining company that is wholly owned by MC), which manufactures and sells high-grade silica sand, one of the main materials for glass used in solar power generation, etc.
The division is also involved in the manufacturing and sales business of cement and ready-mixed concrete used in the construction and infrastructure fields, in the manufacturing, sale and trading of carbon materials that contribute to the achievement of carbon neutrality, and in the trading of salt and ethanol, which are the raw materials used in number of industries from food to industrial applications.
Organizational Structure
Carbon Materials Dept. ｜ Carbon Materials Project Dept. ｜ Construction Materials Dept. ｜ Ceramic Materials Dept. ｜ Industrial Resources Dept.
Steel Products Division
The Steel Products Division mainly engages in the distribution, processing and sale of steel products through Metal One (a steel trading company, 60% owned by MC). With industrial knowledge concerning mobility, construction and infrastructure, etc., and by providing technology and solutions related to DX, EX and recycling, this division is working to develop material seeds for the next generation and realize a circular economy, while further enhancing and strengthening the value chain.
Organizational Structure
Steel Solution Office ｜ Industrial Materials DX Dept. ｜ Materials Innovation Dept.
Performance Materials Division
The Performance Materials Division is working in the functional materials field to carry out business transformation in the industry through Toyobo MC Corporation (a joint venture company, 49% owned by MC, that develops, manufactures and sells functional materials) and use MC’s network and intelligence. In addition, this division is involved in the development of AI technology and semiconductor-related materials business through its participation. The division is also developing its manufacturing and sales business with its partners based on competitive raw materials in the petrochemical and basic chemical fields.
Organizational Structure
Semiconductor Office ｜ Agriculture Solution Office ｜ Materials Business Transformation Dept. ｜ Ecological Materials Dept. ｜ Functional Materials Dept.
Basic Materials Division
The Basic Materials Division is carrying out trading and investment activities worldwide utilizing its strong market presence in the petrochemical field (olefins, aromatics, and plastics) and basic chemical field (PVC, methanol, ammonia, etc.). While possessing the functions for industries and business partners, this division is working to increase the value of the companies it has invested in and develop businesses through market intelligence.
Organizational Structure
Petrochemicals Project Dept. ｜ Basic Petrochemicals Dept. ｜ Refinery Chemicals Dept. ｜ Basic Chemicals Project Dept. ｜ C1 Chemicals Dept. ｜ PVC & Process Chemicals Dept.
Business Investments
Essential Materials Division
POSCO MC MATERIALS
Manufactures and sells needle coke, the raw material used for graphite electrodes, which are indispensable for the operation of electric furnaces (steel product recycling), a market that is expected to grow in the future. The company is a joint venture between Mitsubishi Chemical, MC and POSCO FUTURE M, a subsidiary of South Korea’s largest steel company, POSCO.
Nippon Electrode Co. Ltd.,
A joint-venture between Nippon Light Metal Company, Ltd. and Mitsubishi Corporation.
It is engaged in the production and sale of various carbon products, including mainly carbon blocks for blast furnaces and electric furnaces, as well as carbon cathode blocks for aluminum smelting.
Furthermore, it is also involved in the graphitization business of anode materials for lithium-ion batteries.
Mitsubishi Cement Corporation / MCC Development Corporation
A joint venture between Mitsubishi UBE Cement Corporation and MC that develops the integrated manufacturing and sales of cement and ready-mix concrete in California, US, as well as other regions. With the aim of reducing CO2 emissions, the company is also working to introduce CCU technology that utilizes ready-mix concrete and other materials.
Cape Flattery Silica Mines Pty., Ltd.
A wholly owned subsidiary of MC that owns one of the world's largest silica sand mines, located in Australia. For over 50 years the company has provided silica sand that is the raw material of sheet glass and LCD glass, etc. which have seen remarkable demand growth in Asian countries, including Japan.
Steel Products Division
Metal One Corporation
A joint venture between Sojitz Corporation and MC. It is engaged in the processing and distribution of steel products.
Performance Materials Division
Toyobo MC Corporation
Toyobo MC develops, manufactures, and sells functional materials (engineering plastics, coating and adhesive raw materials, etc.) that help to not only promote weight reduction and electrification in the mobility sector, but also respond to environmental issues. The company is a joint venture between MC and Toyobo, a high-performance materials manufacturer with advanced technology.
Beyond Materials Corporation
A joint venture between MC and a group company of the FEV Group, a major German engineering service provider with user knowledge in the automotive industry and other sectors. The company provides market research, strategy planning and execution support, product development and demonstration testing support, as well as digital solution services for the materials industry.
Riken Americas Corporation
A joint venture between Riken Technos Corporation and MC located in the U.S., this company manufactures PVC and elastomer resin compounds for a variety of applications, including automobile, construction and infrastructure.
Amfine Chemical Corporation
Manufactures and sells functional materials (plastics additives) to add various properties such as durability and flame resistance to plastics. Amfine Chemical Corporation is a joint venture between MC and ADEKA, a leading company in this field.
Basic Materials Division
SPDC Ltd.
Owned 33.34% by Mitsubishi Corporation. This company invests on the Japan side in Saudi Arabia's SHARQ petrochemical business. SHARQ's production capacity is 1.55 million tons of PE and 1.375 million tons of EG, making it one of the global leaders.
Mitsubishi Corporation Plastics Ltd.
Owned 100% by Mitsubishi Corporation. Sales of synthetic resin raw materials and products, both in Japan and overseas.
Mitsubishi Shoji Chemical Corp.
Owned 100% by Mitsubishi Corporation. Sale of solvents, silicone, and fumed silica.
CARIBBEAN GAS CHEMICAL LIMITED (CGCL)
The company produces 1 million tons/year of methanol in the Republic of Trinidad and Tobago, using locally-sourced natural gas as the main raw material.
METANOL DE ORIENTE,METOR, S.A. （METOR）
Owned 23.75% by Mitsubishi Corporation. Manufactures natural gas-based methanol in Venezuela, which it sells primarily to Europe.
IVICT Europe GmbH
IVICT (Shanghai) Co., Ltd.
IVICT (Singapore) Pte. Ltd.
IVICT (Thailand) Company Limited
In October 2018, overseas sales companies in the four countries of Germany, China, Singapore and Thailand were established to handle chemical product related business.
