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.
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.
A joint venture between Sojitz Corporation and MC. It is engaged in the processing and distribution of steel products.
Performance 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.
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.
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.
Business Development 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.
Global Marketing Division
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.
In October 2018, overseas sales companies in the four countries of Germany, China, Singapore and Thailand were established to handle chemical product related business.