Mitsubishi Plastics, Mitsubishi Rayon to enhance carbon fiber business

TOKYO, JAPAN: Mitsubishi Plastics, Inc and Mitsubishi Rayon Co Ltd have agreed to integrate the Pitch-based carbon fiber business of Mitsubishi Plastics and the polyacrylonitrile (PAN)-based carbon fiber business of Mitsubishi Rayon with the purpose of enhancing the carbon fiber & composite materials business. Mitsubishi Rayon will succeed Mitsubishi Plastics’ Pitch-based carbon fiber business through a company split and launch new organization, in which the Pitch-based carbon fiber business and PAN-based carbon fiber business are integrated, as of April 1, 2015.

As a single group, Mitsubishi Plastics and Mitsubishi Rayon, which are business companies whose common holding company is Mitsubishi Chemical Holdings Corporation, constitute the world’s only manufacturer with both the coal pitch-based carbon fiber and PAN-based carbon fiber technologies. Tangible results have been achieved so far, which include a series of newly designed golf shafts “Diamana” B, W and R developed by Mitsubishi Rayon through the appropriate use of both PAN-based and Pitch-based carbon fibers by pursuing the group synergy through co-marketing and technology exchanges.

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