Mitsubishi Chemical Corp. (MCC; Chiyoda-ku, Tokyo, Japan; www.m-chemical.co.jp) announced yesterday that it has decided to end methyl methacrylate (MMA) monomer and methacrylic acid (MAA) production at the Beaumont, Tex. site of Lucite International, Inc., a subsidiary of MCC and close that facility.
The MCC Group, including Lucite International, is a leading MMA supplier capable of producing MMA monomer through three different methods, with production sites in various regions worldwide. According to the company, the reason for the decision is to boost competitiveness and optimize its supply chain, in keeping with demand and supply trends for raw materials.
The scheduled production termination date is February 28, 2021.