MCC Ends Holding Shares of SMP
Click:26    DateTime:May.25,2021

Mitsubishi Chemical (MCC) and Mitsubishi Engineering-Plastics Corporation (MEP) jointly established PCRIJ Company. In 2009, PCRIJ and Sinopec founded a JV – Sinopec Mitsubishi Chemical Polycarbonate (Beijing) Co., Ltd. (SMP), engaged in production and sales of BPA and PC resin. Due to reform of investment, MCC announced on May 8 that it decided to transfer SMP’s shares held by PCRIJ to Sinopec at around the end of this October.