Mitsubishi Chemical News
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Investors are starting to flee what used to be the slowest-moving major debt market after Bank of Japan Governor Haruhiko Kuroda’s stimulus caused price swings to increase by the most in the world this year.
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Mitsubishi Chemical Holdings Corp., Japan’s largest producer of the products, said it’s in talks to supply coke to India’s Tata Steel Ltd. after the loss of one of its biggest customers.
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Mitsubishi Chemical Corp. will spend about 15 billion yen ($175 million) by March 2016 to add equipment to produce materials for light-emitting diode, or LED, lighting, the Nikkei newspaper reported.
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Mitsubishi Chemical Corp. plans to begin sales of organic thin-film solar cells by the middle of 2012, the Nikkei newspaper reported, without saying how it obtained the information. The unit of Mitsubishi Chemical Holdings Corp. aims to sell 20 billion yen ($238 million) worth of the devices in 2015, equivalent to 30 megawatts of power, Nikkei reported.
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Japan’s Nikkei 225 Stock Average rose 12.11, or 0.1 percent, to 9,203.71 as of the close of trading in Tokyo. The following were among the most active shares in the Japanese market today. Stock symbols are in parentheses after company names.
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On a sweltering Sunday in April, more than 300 people pack a room above GC Curry House, a popular eatery on a tree-lined avenue in Kuantan on Malaysia’s east coast. They’re here to discuss the potential hazards of a rare- earth refinery Sydney-based Lynas Corp. is building about 25 kilometers away that will process radioactive ore into the exotic metals that go into tech gadgets, hybrid cars and weapon systems.
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Mitsubishi Chemical Holdings Corp. ’s Mizushima plant will halt a naphtha cracker for about six weeks starting in mid-May, chemicals and pricing service ICIS said, citing an unidentified person at Japan’s biggest ethylene maker.
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Mitsubishi Chemical Holdings Corp. plans to restart the No. 2 naphtha cracker at its Kashima plant on May 20, chemicals and pricing service ICIS said today, citing an unidentified person at Japan’s biggest ethylene maker.
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Japan’s Nikkei 225 Stock Average rose 132.61, or 1.2 percent, to 11,057.40 at the close in Tokyo. The following were among the most active shares in the Japanese market today. Stock symbols are in parentheses after company names.
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Mitsubishi Rayon Co., a Tokyo-based unit of Mitsubishi Chemical Holdings Corp., reached an agreement to expand its water-treatment membrane operations in Vietnam.
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