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MITSUBISHI GAS TO WITHDRAW FROM UREA PRODUCTION.

AsiaPulse News

| June 01, 2001 | COPYRIGHT 2001 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

TOKYO, June 1 Asia Pulse - Mitsubishi Gas Chemical Co. (TSE:4182) said Thursday that it plans to cease its own output of urea in March 2002, and outsource production to Mitsui Chemicals Inc. (TSE:4183) as of April 2002.

Prices are falling and imports are increasing of the chemical, which is used in fertilizers and in resins such as melamine. Consequently, both ...

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