As raw materials prices continued climbing up, cost rose in these days. Meanwhile, since some DMF capacities mushroomed in China market, prices went down to some extent. As a result, the company s DMF business deteriorated quickly.
Under such circumstances, the company firstly transferred its DMF factory from Japan to China and then terminated its DMF business.
Mitsubishi Rayon Co., Ltd. was established as a rayon staple manufacturer in 1933 and has expanded to manufacture and sell synthetic fibers and resins. Chemicals and plastics (chemicals, molding materials, sheets & films, plastic modifiers, coating materials and artificial marbles); Fibers (acrylic fibers, acetate fibers, polyester filaments, polypropylene filaments and textile products); Others (engineering, services, market research, information systems and trading company functions) and Specialty products (carbon fibers, composite materials, plastic optical fibers, image display materials, water purifiers, hollow fiber membrane filters and printed circuit boards).
China Chemical Weekly: http://news.chemnet.com/en/detail-1411716.html
