Mitsubishi Chemical Advanced Materials

Mitsubishi Chemical Corp. announced on July 30, 2020, that it will acquire two German carbon fiber recycling companies, CFK Valley Stade Recycling GmbH & Co. KG and carboNXT GmbH, through its subsidiary Mitsubishi Chemical Advanced Materials AG. The acquisition includes manufacturing equipment, intellectual property and other assets, and is slated for completion around early August 2020.

Mitsubishi Chemical Advanced Materials AG has entered into an agreement to acquire 100% of c-m-p GmbH, a composites company, through its German subsidiary. The transaction is expected to close in early March 2020.

Solvay entered into a licensing agreement with MediTECH, a division of Mitsubishi Chemical Advanced Materials, to fulfill customer orders for extruded stock shapes made with Solvay's Zeniva PEEK. The agreement takes effect immediately.

Mitsubishi Chemical Advanced Materials acquired Advanced Polymer Technologies, a manufacturer of high-performance thermoplastic materials. The acquisition was announced on June 3, 2019.