Mitsubishi Chemical Group
is a Japanese company formed in October 2005 from the merger of Mitsubishi Chemical Corporation and Mitsubishi Pharma Corporation. The company is based in Tokyo and is one of the core Mitsubishi companies. History On December 4, 2021, the company announced they would be leaving the commodity chemical businesses by the 2023 fiscal year. The petrochemical and coal-chemical units accounted for $4.8 billion a year in sales and they said the reason for divesting is Japan's shift toward carbon neutrality and poor growth potential. References External links Companies listed on the Tokyo Stock Exchange Companies listed on the Osaka Exchange Mitsubishi companies Japanese companies established in 2005 Holding companies established in 2005 Holding companies based in Tokyo