{"id":25682,"date":"2021-04-19T13:13:25","date_gmt":"2021-04-19T11:13:25","guid":{"rendered":"https:\/\/php8.plastv.de\/?p=25682"},"modified":"2021-04-16T13:17:24","modified_gmt":"2021-04-16T11:17:24","slug":"mitsubishi-chemical-acquires-overseas-based-polypropylene-compound","status":"publish","type":"post","link":"https:\/\/plas.tv\/?p=25682","title":{"rendered":"Mitsubishi Chemical Acquires Overseas-Based Polypropylene Compound"},"content":{"rendered":"<p><span dir=\"ltr\">Japan Polychem Corporation<\/span><span dir=\"ltr\">, a <\/span><span dir=\"ltr\">who<\/span><span dir=\"ltr\">lly <\/span><span dir=\"ltr\">owned subsidiary of Mitsubishi Chemical Corporation,<\/span><span dir=\"ltr\"> has <\/span><span dir=\"ltr\">decided to <\/span><span dir=\"ltr\">acquire the stock of the following <\/span><span dir=\"ltr\">overseas<\/span><span dir=\"ltr\">&#8211;<\/span><span dir=\"ltr\">based <\/span><span dir=\"ltr\">Japan <\/span><span dir=\"ltr\">Polypropylene Corporation <\/span><span dir=\"ltr\">(<\/span><span dir=\"ltr\">JPP<\/span><span dir=\"ltr\">) <\/span><span dir=\"ltr\">Group companies <\/span><span dir=\"ltr\">and there by <\/span><span dir=\"ltr\">transfer <\/span><span dir=\"ltr\">the <\/span><span dir=\"ltr\">p<\/span><span dir=\"ltr\">olypropylene <\/span><span dir=\"ltr\">c<\/span><span dir=\"ltr\">ompound <\/span><span dir=\"ltr\">(P<\/span><span dir=\"ltr\">PCP<\/span><span dir=\"ltr\">) <\/span><span dir=\"ltr\">b<\/span><span dir=\"ltr\">usiness <\/span><span dir=\"ltr\">and <\/span><span dir=\"ltr\">FUNCSTER <\/span><span dir=\"ltr\">thermoplastic resin reinforced with long glass fiber<\/span><span dir=\"ltr\">b<\/span><span dir=\"ltr\">usiness <\/span><span dir=\"ltr\">hel<\/span><span dir=\"ltr\">d by <\/span><span dir=\"ltr\">JPP<\/span><span dir=\"ltr\">, a joint venture <\/span><span dir=\"ltr\">between JPC (ownership: 6<\/span><span dir=\"ltr\">5%) and <\/span><span dir=\"ltr\">JNC Corporation (<\/span><span dir=\"ltr\">JNC<\/span><span dir=\"ltr\">; ownership<\/span><span dir=\"ltr\">: 35%<\/span><span dir=\"ltr\">)<\/span><span dir=\"ltr\">, <\/span><span dir=\"ltr\">from <\/span><span dir=\"ltr\">JPP<\/span><span dir=\"ltr\">to <\/span><span dir=\"ltr\">JPC<\/span><span dir=\"ltr\">. <\/span><\/p>\n<p><span dir=\"ltr\">Through the <\/span><span dir=\"ltr\">t<\/span><span dir=\"ltr\">r<\/span><span dir=\"ltr\">ans<\/span><span dir=\"ltr\">fer<\/span><span dir=\"ltr\">, <\/span><span dir=\"ltr\">MCC <\/span><span dir=\"ltr\">aims t<\/span><span dir=\"ltr\">o expand <\/span><span dir=\"ltr\">the PPCP and FUNCSTER <\/span><span dir=\"ltr\">businesses<\/span><span dir=\"ltr\">. <\/span><span dir=\"ltr\">Since co<\/span><span dir=\"ltr\">&#8211;<\/span><span dir=\"ltr\">founding JPP in 2003, <\/span><span dir=\"ltr\">JPC <\/span><span dir=\"ltr\">has <\/span><span dir=\"ltr\">used <\/span><span dir=\"ltr\">the joint venture to conduct business in polypropylene, <\/span><span dir=\"ltr\">P<\/span><span dir=\"ltr\">P<\/span><span dir=\"ltr\">CP, and FUNCSTER <\/span><span dir=\"ltr\">both in Japan and overseas. <\/span><span dir=\"ltr\">Deman<\/span><span dir=\"ltr\">d <\/span><span dir=\"ltr\">for <\/span><span dir=\"ltr\">PPCP <\/span><span dir=\"ltr\">and <\/span><span dir=\"ltr\">FUNCSTER <\/span><span dir=\"ltr\">is <\/span><span dir=\"ltr\">expected t<\/span><span dir=\"ltr\">o <\/span><span dir=\"ltr\">grow t<\/span><span dir=\"ltr\">hanks to their <\/span><span dir=\"ltr\">usefulness in making automobiles lighter<\/span><span dir=\"ltr\">.<\/span><\/p>\n<p><span dir=\"ltr\">Moving forward, <\/span><span dir=\"ltr\">the <\/span><span dir=\"ltr\">MCC <\/span><span dir=\"ltr\">Group <\/span><span dir=\"ltr\">will continu<\/span><span dir=\"ltr\">e to accelerate growth in these businesses by <\/span><span dir=\"ltr\">leveraging <\/span><span dir=\"ltr\">JPP\u2019s technical prowess and the <\/span><span dir=\"ltr\">Group\u2019s diverse busin<\/span><span dir=\"ltr\">ess bases around the world <\/span><span dir=\"ltr\">to meet cus<\/span><span dir=\"ltr\">t<\/span><span dir=\"ltr\">omer <\/span><span dir=\"ltr\">ne<\/span><span dir=\"ltr\">eds promptly an<\/span><span dir=\"ltr\">d effectively<\/span><span dir=\"ltr\">.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Japan Polychem Corporation, a wholly owned subsidiary of Mitsubishi Chemical Corporation, has decided to acquire the stock of the following&#8230;<\/p>\n","protected":false},"author":2,"featured_media":16174,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,16],"tags":[],"series":[],"class_list":["post-25682","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-plas-tv-meldungen-auf-der-startseite-unterhalb-slider","category-plast-tv-textmeldungen"],"_links":{"self":[{"href":"https:\/\/plas.tv\/index.php?rest_route=\/wp\/v2\/posts\/25682","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/plas.tv\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/plas.tv\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/plas.tv\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/plas.tv\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=25682"}],"version-history":[{"count":1,"href":"https:\/\/plas.tv\/index.php?rest_route=\/wp\/v2\/posts\/25682\/revisions"}],"predecessor-version":[{"id":25683,"href":"https:\/\/plas.tv\/index.php?rest_route=\/wp\/v2\/posts\/25682\/revisions\/25683"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/plas.tv\/index.php?rest_route=\/wp\/v2\/media\/16174"}],"wp:attachment":[{"href":"https:\/\/plas.tv\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=25682"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/plas.tv\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=25682"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/plas.tv\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=25682"},{"taxonomy":"series","embeddable":true,"href":"https:\/\/plas.tv\/index.php?rest_route=%2Fwp%2Fv2%2Fseries&post=25682"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}