# 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.

- Type: Acquisition
- Announced: 2026-03-31
- Where: Kaohsiung, Taiwan, TWN
- Status: announced
- Products: MMA monomers
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Mitsubishi Chemical Corporation](https://endata.com/companies/5545.md)
- [China Petrochemical Development Corporation](https://endata.com/companies/91104.md) (acquirer)
- [Kaohsiung Monomer Company Limited](https://endata.com/companies/91105.md) (target)

## Sources

- [mcgc.com](https://www.mcgc.com/english/news_release/02595.html), 2026-03-31: "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."
- [chemanalyst.com](https://www.chemanalyst.com/NewsAndDeals/NewsDetails/mitsubishi-chemical-to-exit-taiwan-mma-jv-sell-kmc-stake-to-cpdc-41667), 2026-04-02: "Mitsubishi Chemical Corporation has announced its decision to dissolve its co-ownership in Kaohsiung Monomer Company Limited (KMC), a Taiwan-based producer and supplier of methyl methacrylate (MMA) monomers."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.