Mitsubishi Chemical to transfer KMC stake to CPDC

Mitsubishi Chemical Corporation will transfer all its 60% stake in Kaohsiung Monomer Company Limited (KMC) to China Petrochemical Development Corporation (CPDC), dissolving their co-ownership of the MMA monomer business in Taiwan.

“the Company has agreed with Kaohsiung Monomer Company Limited and China Petrochemical Development Corporation to dissolve its co-ownership of KMC with CPDC and transfer all the stocks it holds in KMC to CPDC.”mcgc.com

• 2 sources
• mcgc.comDissolution of Co-ownership of MMA Monomer Manufacturing and Sales Business in Taiwan<br /> | News Releases | Mitsubishi Chemical Group CorporationMar 31, 2026
• chemanalyst.comMitsubishi Chemical to Exit Taiwan MMA JV, Sell KMC Stake to CPDC by August 2026 | ChemAnalystWilliam FaulknerApr 2, 2026

Summarized from public sources; check the original articles before acting on it.