# Toyobo and Mitsubishi Corp decide name for functional materials JV

Toyobo has decided the corporate name and representative for a new joint venture with Mitsubishi Corporation in functional materials. The JV is expected to start operations in spring 2023.

- Type: Partnership
- Announced: 2022-08-31
- Where: Japan
- Status: announced
- Products: functional materials
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Mitsubishi Corporation](https://endata.com/companies/575.md) (partner)
- [Toyobo](https://endata.com/companies/7774.md) (partner)

## Sources

- [chemical-news.com](https://chemical-news.com/2022/08/31/%e6%9d%b1%e6%b4%8b%e7%b4%a1%e3%80%80%e6%a9%9f%e8%83%bd%e7%b4%a0%e6%9d%90%e3%81%ae%e6%96%b0%e4%bc%9a%e7%a4%be%e5%95%86%e5%8f%b7%e3%82%92%e6%b1%ba%e5%ae%9a%e3%80%81%e5%96%b6%e6%a5%ad%e9%96%8b%e5%a7%8b/), 2022-08-31: "東洋紡はこのほど、三菱商事との間で進めている機能素材関連事業の合弁会社設立について、商号や代表者などを決定した。"

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