Through a newly established subsidiary – MGC Specialty Chemicals Netherlands – Mitsubishi Gas Chemical will build a 25,000 t/y plant in Rotterdam, with operations scheduled to start in mid-2024.

MXDA is mainly used in epoxy coatings for infrastructure applications due to its excellent anticorrosion properties, and the company expects the market to see long-term growth. The company said Europe is the largest market for MXDA, adding that its two existing plants in Mizushima and Niigata, Japan, will operate fully to serve fast-growing markets in Asia, until the new plant starts up.

Under its three-year management plant ‘Grow UP 2023’ launched in April, the Tokyo-headquartered company has defined MXDA as a “differentiating” business to which it intends to proactively allocate resources to further strengthen competitive advantage.

Author: Elaine Burridge, Freelance Journalist