Reorganization and company name changes of Mitsui Chemicals Agro Group

This is to realize complete integration of each function of both Mitsui Chemicals Agro and MMAG groups; maximize synergies in sales, production, procurement, and R&D

Mitsui Chemicals Agro, a wholly owned subsidiary of Mitsui Chemicals, is announcing the realignment of group companies, including the merger with MMAG Co. Ltd. which was acquired last year, and to change its group company names after the reorganization.

To realize complete integration of each function of both Mitsui Chemicals Agro and MMAG groups; maximize synergies in sales, production, procurement, and R&D; and strengthen the governance system, the company will reorganize as follows.

• Merge MMAG into Mitsui Chemicals Agro (as of March 31, 2023)
• Merge MM Agro Chemical into Utsunomiya Chemical Industry (as of April 1, 2023)
• Integrate functions of MCAG Korea branch office into MM Agro Korea (as soon as conditions are met)
• MC Ryokka remains unchanged

According to the release issued by the company, subject to the completion of necessary official procedures, the names of each company will be changed as follows. 

(1) Mitsui Chemicals Agro, Inc. (as of March 31, 2023) to become Mitsui Chemicals Crop & Life Solutions, Inc.

(2) Utsunomiya Chemical Industry Co., Ltd. (as of April 1, 2023) to become MC Crop & Life Manufacturing Co., Ltd.

(3) MM Agro Korea Co., Ltd. (on and after April 1, 2023) to become: Mitsui Chemicals Crop & Life Solutions Korea Co., Ltd.