April, 2018GlobalBio-economySummit2018

BioChemicalBusinessof

MitsubishiChemical19th April2018

Y.FujimoriSeniorAssistantDirectorDivisionGeneralManager

MitsubishiChemicalCorporation

April, 2018

2

Mitsubishi Chemical Overview

As of April 1, 2018

■Company Name Mitsubishi Chemical Corporation■Head Office 1-1 Marunouchi 1-chome, Chiyoda-ku,

Tokyo 100-8251, JapanTEL +81-3-6748-7300

■Date of Foundation August 31, 1933

■Date of Establishment

April 1, 2017

■Paid-in Capital JPY53.229 billion

■Representative Masayuki Waga, President & CEO

■Sales revenue JPY2,390.9 billion (≒200 MMEUR)（calculated from the simple sum of figures of FY2016）

■Business Bases 4 branch offices, 7 R&D centers, 15 plants, 4 regional headquarters

■Number of Employees(Consolidated)

40,914（as of March 31, 2017）

April, 2018

A member of MCHC Group

4

Performance Products

Health Care

IndustrialMaterials

*1: Listed All figures for the fiscal year ended March 2017（FY2016) [*2: Calculated from the simple sum of figures of FY2016]

100％

Mitsubishi Chemical Corp.

Sales revenue(consolidated)

JPY133.8 billion

Number of employees (consolidated)

4,837

BusinessesHealth & medical ICT, advanced medication drug development &

manufacturing solutions

Sales revenue(consolidated)

JPY423.9 billion

Number of employees (consolidated)

7,280

BusinessesPharmaceuticals etc.

Sales revenue(consolidated)

JPY581.5 billion

Number of employees (consolidated)

15,860

BusinessesIndustrial gases

& related equipment / devices etc.

Sales revenueJPY2,390.9 billion

Number of employees(consolidated)

40,914

BusinessesPerformance products, industrial materials etc.

Group companies Group companies Group companies Group companies

56.3％

Mitsubishi TanabePharma Corp.

100％ 50.6%

Life Science Institute, Inc.

TAIYO NIPPONSANSO CORP.

＜Business Domain＞Consolidated sales revenue IFRS JPY3,376.1 billionNumber of employees (consolidated) 69,291

Mitsubishi Chemical Holdings Group

*2

*1

*1 *1

April, 2018

5

We have come to believe that what the MCHC Group should aim for is

“a sustainable condition which is comfortable for people, society and the Earth, transcending time and generations.”

This condition is expressed by our original concept KAITEKI.

“THE KAITEKI COMPANY” defines us as a group in which each member thinks and acts toward the realization of

KAITEKI.

With the joint efforts of the MCHC Group, we will create KAITEKI by providing optimum solutions

to solving social and environmental issues through our products and services.

Moreover, to share this idea with people around the world, we will take the initiative and act as THE KAITEKI COMPANY.

Group Vision

April, 2018

Our Business Domains

Carbon MMA

Advanced PolymersPerformance PolymersEngineering PolymersSustainable Resources

High PerformanceChemicals

Information,Electronics & Displays

High Performance Films

Environment& Living Solutions

New Energy

6

Advanced Moldings& Composites

Petrochemicals

April, 2018

Mitsubishi Chemical Corporation-Organization-

7

P etro ch em icals B asic Petrochem icals D ept.

B u sin ess D o m ain U tility D ept.

Junichi O kam oto Polyolefins D iv. Polyolefins O ffice

C 2 D erivatives D ept.

C 3 D erivatives D ept.

C 4 D erivatives D ept.

T erephthalic A cid D ept.

Sales/C ustom er R elations D ept.

Planning O ffice

T echnology C ordination O ffice

C arb o n B u sin ess D o m ain C oke/C arbon M aterials D ept.

T eijirou N ishitaniC arbon B lack/S ynthetic R ubber

D iv.

C arbon Planning D ept.

M M A B u sin ess D o m ain C hem icals D ept.

T akashi M iyaki A N D ept.

S pecialty R esins/Plastics D ept.

Europe D ept.

U S D ept.

M M A Planning D ept.

A d van ced P olym ers Perform ance Polym ers D ept.

B u sin ess D om ain G lobal B usiness O ffice

M o to h iro S eki Phenol/Polycarbonate D ept.

Polyester D ept.

S u stain ab le

R esou rces D iv.

S u stain ab le R esou rces

D ep t.

Planning O ffice

T echnology C ordination O ffice

H ig h P erfo rm an ce Perform ance C hem icals D ept.

C h em icals B u sin ess D o m ain S pecialty C hem icals D ept.

M asahiro Yoshikaw a Epoxy R esins D ept.

Fine C hem icals D ept.

Inorganic C hem icals D ept.

M ET A B LEN D ept.

Food Ingredients D iv. Em ulsifier D ept.

H igh Perform ance C hem icals

Planning D iv.

Perform ance Polym ers D iv.

Engineering Polym ers D iv.

A dvanced Polym ers

Planning D ept.

Perform ance C hem icals D iv.

Perform ance M aterials D iv.

M M A Europe/U S D iv.

B asic Petrochem icals D iv.

B asic C hem ical D erivatives

D iv.

Petrochem icals Planning

D ept.

C arbon Products D iv.

M M A A sia D iv.

In fo rm atio n , E lectro n ics & Polyester Film D ept.

D isp lay B u sin ess D o m ain Polyester C onverted Film D ept.

Johei T akim oto D isplay Film s D ept.

Polyester Film R & D C enter

D isplay M aterials D ept.

Im aging M aterials D ept.

S em iconducter M aterials D ept.

A cetyl D iv. PM I D ept.

Planning O ffice

T echnology C ordination O ffice

H ig h P erfo rm an ce Film s Packaging Film s D iv. Food Packaging D ept.

B u sin ess D o m ain Industrial/M edical Film s D ept.

Yousuke Egaw a A crylic Film s D ept.

H ostaphan D iv. H ostaphan O ffice

C ordination O ffice

D evelopm ent O ffice

E n viro n m en t/Livin g A qua S olutions O ffice

S o lu tio n s B u sin ess D o m ain S eparation M aterials D ept.

H itoshi S asaki A gricultural S olutions D ept.

Infrastructure S olutions D ept.

Environm ent/Living Solutions

Planning D ept.

A d van ced M o ld in g s &H igh Perform ance Engineering

Plastics D iv.Q uadrant O ffice

C o m p o sites B u sin ess D o m ain Filter T ow D ept.

S teve Yurich Fibers M aterials D ept.

C arbon Fiber/C om posites M aterials

D ept.

C om posite Products D ept.

A lpolic D ept.

Fundtional M olding Products D ept.

A dvanced M oldings System s D ept.

A lum ina Fiber & Light M etal

Products D iv.

A lum ina Fiber & Light M etal

Products D ept.

A dvanced M oldings &

C om posites Planning D ept.

N ew E n erg y B u sin ess Electrolyte D ept.

D o m ain A node M aterial D ept.

Yoshitaka A raki LED M aterials D ept.

H igh Energy R ay Transduction

M aterials Project

O PV Project

N ew Energy Strategy & Planning

D ept.

Fibers/T extile D iv.

C arbon Fiber/C om posites

M aterials D iv.

Functional

M oldings/C om posite D iv.

Lithium Ion B attery

M aterials D iv.

Energy T ransduction D evice

M aterials D iv.

Infrastructure S olutions &

A gricultural M aterials D iv.

O ptical Film s D iv.

Inform ation/Electronics D iv.

Inform ation, Electronics &

D isplay Planning D ept.

Industrial Film s D iv.

H igh Perform ance Film s

Planning D ept.

A qua/S eparator S olutions

D iv.

April, 2018

10

Our Concepts for Bio-business;

Providesociety1.withmaterialsmadefromrenewableresourcesbyefficientandleanproductionprocess

2.withchemicallyuniquebiomassmaterialsspecificallyproducedfrombio-feedstock

feedstock

Oil Products DerivativesTM

Plant

1.

TM

Productsroute to unique products

2.

April, 2018

Portfolioofourbiopolymers

Petroleum resource base

Bio-degradable (Non-degradable)

Durable

PHA

PVCPS

PEPP

PET

PLA Bio PE

PA610

PTT

Bio-PET

PBATBiodegradablepolymers

High-functionpolymers

12

Plant base+

Higher function

Plant base

TMTM

April, 2018

WhatisBioPBS？

BioPBS complies with many certifications like FCN, EU directive, GB9685(CN) and PL(JP)

Bio-Succinic Acid1,4-Butanediol + H2O

+Esterification /

Polycondensation

Catalyst, Δ

Raw sugar

isaplant-basepolyesterwithexcellentbio-degradability&uniqueproperties• Theworldfirstplant-basepolybutylenesuccinate(PBS).CommercialplantinThailandatJVwithPTTGr startedin2016

MarineDegradabilityNowunderevaluation

April, 2018Bio based

Biodegradability

Heatresistance

Flexibility

Transparency

Tear strength Compatibi

lity withnatural fibers Low temp heat-sealing

PLAPBAT

UtilizationofBioPBS

Flexuralm

odulus

TensileElongation

PLA

Starch

PP

PE

PET

CompoundUse

Biobased

Non-biobased

PS

PBAT

April, 2018

b. Plant-basebiodegradableplastics

Bio based

Biodegradability

Heatresistance

FlexibilityTransparency

Tear strength

Compatibility withnatural fibers Low temp heat-sealing

PLAPBAT Produced by

JV with PTT, Thailand

is a plant-base polyester with excellent bio-degradability & unique properties• The world first plant-base polybutylene succinate(PBS). A monomer, succinic acid is plant base

• 20,000 MT/year commercial plant at JV with PTT started in 2016• Standout features are excellent biodegradability at ambient temperature and compatibility with various kinds of materials such as natural fibers

Shopping bag

Coffee capsule

Beverage service

Retailers supply 1

7

Fiber-plastics composite

Automobiles

One-way tableware

Livingwares

Po t en t ia l o f B ioPBS ™/PLA C o m p o u n dFlexuralm

odulus

TensileElongation

PLA

Starch

PP

PE

PET PBSCompound

PotentialPBS/PLACompound

Biobased +biodegradable

Non-biodegradable

Biobased +biodegradable

PS

C omm erc ia l i z ed w or ld w id e

Morethan

1,000 branchesofCaféAmazonnationwide

Thebiggestcinemamovietheater“MajorCineplex”withBioPBS™popcornbucket

2013Europeancoffeebrands

2014

CoffeebrandsinEU&US

2016

US’sfranchiserestaurant

2017

Straw

Teabag

Barrierpackaging

Cutlery

Paperboxes

Sugarpouch/Hotelamenity

Multifilm

Compostbags

April, 2018

Marine Biodegradability

0

10

20

30

40

50

60

70

80

90

100

0 14 28 42 56 70 84 98 112 126 140 154 168 182

Biod

egra

datio

n, %

Time (days)Cellulose FD92 Target

Cellulose

Alreadycommercializedforscrubapplication

April, 2018

トピックス：旭化成アドバンス向け（ﾊﾝﾄﾞｸﾘｰﾅｰ用ｽｸﾗﾌﾞ）

○顧客：旭化成アドバンス(株) ○⽤途：業務⽤ハンドクリーナー（スクラブ材）○期待数量：30T/y ○スケジュール：18/6⽉量産試作、18/8⽉〜量産○採⽤ポイント : Bio由来・⽣分解性

Food/nonFoodbags Stand-uppouch(Barrier)

Coffeebag(Barrier)

Papercup/Foodbox

Lid Cutlery 3DPrinting Agr.Mulch Film

Coffeecapsule Fiber;NonWoven,Teabag Autoparts Woodboard

Current&TargetApplicationofBioPBS

April, 2018

provides unique properties to final products

• WeofferanewPCDaselementofurethanewithcharacteristiccompositionintegratedplant-basemolecules

– 1,000MT/ycapacity

WhatisBENEBiOL?

is a plant-base polycarbonatediol (PCD)

HO R OCO R

O

OHn

Synthetic / Artificial leather Paint / Coating materials

TPU

24

Flexible at low temperatureAbrasion resistanceChemical resistanceWeather resistanceHydrolysis resistanceHigh hardness

High mechanical properties

April, 2018

O

O

OHHO

O

O

OO

COm

IsosorbideMonomerSorbitolGlucose

＋ Co-monomers

X n

WhatisDURABIO？

Besides its high transparency and excellent optical properties,features excellent scratch resistance, weatherability,

and impact resistance.

April, 2018

What is DURABIO?

OHHOCH3

CH3

O

O

OHHO

O

O

OO

COm

Bisphenol-A（BPA）

OOCH3

CH3

CO m

BPA-PC

Isosorbide monomer

DURABIOTM

Phenol / Acetone

Oil

Sorbitol

Plant-derivedGlucose

oxygen-containingAlicyclic PolycarbonateCo-polymers

AromaticPolycarbonate

Co-monomersX

X n

DURABIOTM（Durable + BioPolymer）is a High Performance Transparent Plasticderived from a Plant-based Renewable Resouｒce

April, 2018Glass Substitution（Weight Saving）

Polycarbonate

PMMA

DURABIOTM

Transparency Low Birefringence

FlexibilityStretch Orientation

Impact Resistance

Heat Resistance

Bio-based Flame Retardancy

Surface Hardness

UV Resistance

Renewable

Safety

Paint-free, Coating-free（Reduction of VOC）

Weather-resistance（Resources Saving）

DURABIO PMMAPC

PC（3B）

DURABIO（F）

DURABIO PC

DURABIO PMMA

DURABIO PC

Performance and applications

April, 2018

LED lighting

Cosmetic containers E&E housings

FPD front panels

UV Stability Biomass

Optical (Glass substitution)Optical films

Lighting sheet

Scratch ResistanceAutomotiveInterior parts Cell PhonesSunglasses

Film-laminated steel sheet

Noise barrier wall

ApplicationofDURABIO

April, 2018

Grille

Confidential

Applications, Automotive

April, 2018

Trim-A

Trim-B

Trim-C

Confidential

Applications, Automotive

April, 2018

Confidential

Applications, Optical devices

SHARPandMCCjointlygot10th Bio-plasticAwardin2015

April, 2018

Confidential

Applications, Building materials

April, 2018

FortheExpansionofBio-materials

April, 2018

FortheExpansionofBio-materials

feedstock

Oil Products DerivativesTM

Plant

1.

TM

Productsroute to unique products

2.

1.Regulation,SocialRecognition–Oriented

2.DiscoveryofSpecialCharacteristics,Usage-Oriented

Frombothsideoftheseconceptsabove,Wearewillingtoexpandbio-economy,Andreadytoco-operatewithwhomitmayconcernwithouraccumulatedknow-howandtechnology

April, 2018

Thankyouforyourkindattention!

April, 2018

FortheExpansionofBio-products• DURABIOは売れて、PBSは売れないという話

• 特徴・用法の発見、規制、特許ライセンス協業

feedstock

Oil Products DerivativesTM

PlantTM

Productsroute to unique products