Sector News

Mitsubishi Chemical acquires US-based firm

June 4, 2019
Chemical Value Chain

Mitsubishi Chemical Advanced Materials, an affiliate company of Mitsubishi Chemical Holdings and a producer of high-performance thermoplastic material, says it has acquired Advanced Polymer Technologies. Financial details of the deal were not disclosed.

APT offers “advanced engineering plastic solutions through polymer conversion technologies in North America and Asia to the semiconductor, aerospace/defense, energy and medical industries,” it says. The acquisition will add one manufacturing facility to MCAM’s seven existing facilities in the US, it adds.

By Kartik Kohli

Source: Chemical Week

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