TOKYO -- Japan's Mitsubishi Chemical will spend over 100 billion yen ($915 million) to build a plant in the U.S. state of Louisiana for a key ingredient in plastics, Nikkei has learned.
The investment will boost production of methyl methacrylate, or MMA, in the U.S. The raw material is used to manufacture acrylic plastics used in a wide range of products, including auto parts and house paint.
