16 June 2014
Details
Mitsubishi Rayon Co., Ltd. "MRC" and
Mitsui & Co., Ltd. "Mitsui"
have signed
a memorandum of understanding
to agree to commence detailed
feasibility studies for the establishment of
a joint venture in the United States to
produce methyl methacrylate (“MMA”) monomer
with a newly built world-scale unit.
MRC will be
the majority shareholder of this joint venture.
The joint venture intends to
secure access to ethylene
from Dow's U.S. Gulf Coast production network.
The joint venture plans to
supply a part of the 250,000-ton annual MMA output
to Dow.
Operations are targeted
to start at the end of 2018.
WWW.CHEMWINFO.COM BY KHUN PHICHAI
