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Mitsubishi Chemical plans $915m US plant as Buy American pressure rises

Japanese company plans to start production of plastic ingredient in Louisiana in 2025

Mitubishi Chemical's MMA plant in Singapore. The Japanese company is planning to build a new plant in Lousiana, U.S. that it hopes will begin operation in 2025. (photo courtesy of Mitsubishi Chemical)

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.

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