China Drying Network News Mitsubishi Chemical announced on August 20 that it will acquire A. Schulman (ASI) company through subsidiary Mitsubishi Chemical Performance Polymers (MCPP) to expand its PVC business in North America. Bellevue factory. Mitsubishi Chemical plans to complete the acquisition by the end of November 2012. Mitsubishi Chemical had established a joint venture with ASI, but the joint venture was liquidated at the end of December 2011, and the joint venture's PVC business was transferred to MCPP. During this period, ASI's Bellevue plant was still commissioned by MCPP to produce PVC. Through this acquisition, MCPP will acquire production equipment, auxiliary facilities and land buildings at the Bellevue plant. PVC is mainly used for automotive interior and exterior parts and wire insulation materials, and it is expected that demand in North America will continue to grow.
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