en.Wedoany.com Reported - Mitsubishi Chemical Group (MCG) is implementing a global restructuring of its methyl methacrylate (MMA) and polymethyl methacrylate (PMMA) businesses in response to the deteriorating market environment caused by massive capacity expansion in China. According to the company's "FY2026 Business Strategy Briefing," this series of measures covers multiple regions.

These measures include: reviewing sales strategies and business sites in the European market; deciding to dissolve a joint venture in Taiwan and reassessing the positioning of other Asian sites in the post-Middle East conflict era; accelerating the renewal plan for aging facilities in the United States; and continuing to explore partnership opportunities in India. The briefing also noted that there are numerous business opportunities in the water-cooled data center sector, for example, PMMA can be used in optical fiber products.

The company recently stated that it is evaluating whether to spin off its basic chemicals business into a wholly owned subsidiary, with a view to future mergers and industry-wide restructuring.

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