Mitsubishi Chemical Corporation (MCC) will integrate subsidiaries at the national level in the US, UK and Germany. The integration is in accordance with priority management measures set out in the Mitsubishi Chemical Holdings Group’s medium-term management plan.

“By sharing and integrating expertise and resources, this integration will enhance cooperation and further strengthen overall business capabilities in each of these three countries. MCC will also strive to reinforce speedy customer responsiveness firmly based in these countries and provide solutions to social issues particular to each country,” the company said in a release.

According to the release, the nine subsidiaries in the US and five subsidiaries in UK and Germany each will be integrated on April 1, 2021.

The profile of the new integrated company will be Mitsubishi Chemical America (Capital: US$ 850 thousand (plan), Mitsubishi Chemical UK Limited (€37 million (plan) and Mitsubishi Chemical Europe GmbH (Capital: €1,284 thousand (plan) respectively in the US, UK and Germany.