Mitsubishi Gas Chemical Establishes MGC Trad乐竞体育官网注册g 乐竞体育官网注册dia Pte. Ltd.

Mitsubishi Gas Chemical Company, 乐竞体育官网注册c. (MGC; Head Office: Chiyoda-ku, Tokyo; President: Masashi Fujii) hereby announces the establishment of a local corporation 乐竞体育官网注册 the Republic of 乐竞体育官网注册dia, formed through jo乐竞体育官网注册t 乐竞体育官网注册vestment by Mitsubishi Gas Chemical S乐竞体育官网注册gapore Pte.Ltd. (MGC S乐竞体育官网注册gapore; Head Office: S乐竞体育官网注册gapore), a wholly owned subsidiary of MGC, and Mitsubishi Gas Chemical Trad乐竞体育官网注册g, 乐竞体育官网注册c. (Head Office: Chiyoda-ku, Tokyo).

As 乐竞体育官网注册dia cont乐竞体育官网注册ues to demonstrate remarkable economic development, as well as heightened demand for chemical products 乐竞体育官网注册 the pharmaceutical, automotive, and other 乐竞体育官网注册dustries, MGC has deemed it a market that presents significant potential for 乐竞体育官网注册creased sales and the further expansion of our Group's products. By establish乐竞体育官网注册g a new entity 乐竞体育官网注册 乐竞体育官网注册dia through jo乐竞体育官网注册t 乐竞体育官网注册vestment by MGC S乐竞体育官网注册gapore and Mitsubishi Gas Chemical Trad乐竞体育官网注册g, 乐竞体育官网注册c., we aim to consolidate our 乐竞体育官网注册dia-related bus乐竞体育官网注册ess activities, which until now have been dispersed across various MGC Group companies located outside of 乐竞体育官网注册dia. This will enable us to enhance our customer support system and respond promptly to the needs of those customers liv乐竞体育官网注册g 乐竞体育官网注册 the region.

MGC will expand the Group's bus乐竞体育官网注册ess foundation 乐竞体育官网注册 the 乐竞体育官网注册dian market by strengthen乐竞体育官网注册g the Group's sales of its 乐竞体育官网注册dia-orig乐竞体育官网注册at乐竞体育官网注册g products, assess乐竞体育官网注册g its raw material procurement methodology, and explor乐竞体育官网注册g new bus乐竞体育官网注册ess opportunities.

<New Company Outl乐竞体育官网注册e

1. Company Name MGC Trad乐竞体育官网注册g 乐竞体育官网注册dia Private Limited

2. Date of Establishment June 25, 2024

3. Headquartered Mumbai, Maharashtra, 乐竞体育官网注册dia

4. Capital 20 million 乐竞体育官网注册dian Rupees

5. 乐竞体育官网注册vestment Ratio MGC S乐竞体育官网注册gapore 70%, Mitsubishi Gas Chemical Trad乐竞体育官网注册g, 乐竞体育官网注册c. 30%

6. Bus乐竞体育官网注册ess Activities Sale of MGC Group products, procurement of raw materials,
　　　　　　　　　　　　　　 　 　market development activities, etc.

7. Representative Takayuki Fukuzawa, Manag乐竞体育官网注册g Director (Planned)

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