Mitsubishi Plastics Inc. (Tokyo, Japan) and Mitsubishi Rayon Co. Ltd. (Tokyo) reported on Jan. 7 that they have agreed to integrate the pitch-based carbon fiber business of Mitsubishi Plastics and the polyacrylonitrile (PAN)-based carbon fiber business of Mitsubishi Rayon. The companies will launch a new organization, in which the pitch-based carbon fiber business and PAN-based carbon fiber businesses are integrated, as of April 1, 2015.
As a single group, Mitsubishi Plastics and Mitsubishi Rayon constitute the world’s only manufacturer with both the coal pitch-based carbon fiber and PAN-based carbon fiber technologies.
Parent Mitsubishi Chemical Holdings Group says it will apply knowledge gained through the pitch-based carbon fiber business to the area of the PAN-based carbon business to enhance the strengths of providing customers with solutions for industrial applications such as automotive, pressure vessel and wind turbines blades. Conversely, the company says it will maximize the value of its pitch-based carbon fiber business by using the business infrastructure regarding the production, sales and development of PAN-related carbon fiber and composite materials business that has already been operated globally.