# Toyobo and Mitsubishi Corp form functional materials JV Toyobo MC

Toyobo and Mitsubishi Corporation established a joint venture, Toyobo MC, in Osaka, starting operations in April 2023, to consolidate their functional materials businesses including polyester spunbond nonwovens.

- Type: Partnership
- Announced: 2023-04-01
- Where: Osaka, Japan
- Status: completed
- Products: polyester spunbond nonwovens, short-fiber nonwovens
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Toyobo MC](https://endata.com/companies/74650.md)
- [Mitsubishi Corporation](https://endata.com/companies/575.md) (partner)
- [Toyobo](https://endata.com/companies/7774.md) (partner)

## Sources

- [sen-i-news.co.jp](https://www.sen-i-news.co.jp/seninews/view/?article=398219), 2023-12-25: "東洋紡は三菱商事と機能材事業の合弁会社、東洋紡エムシー（大阪市北区）を設立し、今年4月から事業を開始した。"

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