Despite efforts to support the business by reducing fixed costs and other measures, after a careful review of the business environment, MCC has decided to exit the business due to limited prospects for future profitability and growth.
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Management
Mitsubishi Chemical Corporation announces withdrawal from PET packaging business
0:38 min
Management
Mitsubishi Chemical Corporation's PET bottle business offers a range of products for various needs, mainly related to the packaging of condiments and alcoholic beverages. However, the company says that profitability has been affected by recent sharp increases in raw material and logistics costs.
Overview of the withdrawing business
- Business: Production and sales of PET bottles
- Plants:
- Kanto Plant, Hiratsuka (1-35, Nishishindo 2-chome, Hiratsuka-shi, Kanagawa)
- Central Japan Plant, Azai (1700, Ochi-cho, Nagahama-shi, Shiga)
Withdrawal schedule (Plan)
- December 31, 2025: End of production
- March 31, 2026: End of sales
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