Mitsubishi Plastics to Enter Engine Exhaust NOx Gas Catalyst Business with Unique High-performance Zeolite-based Material

  Mitsubishi Plastics to Enter Engine Exhaust NOx Gas Catalyst Business with
                Unique High-performance Zeolite-based Material

  PR Newswire

  TOKYO, March 5, 2013

TOKYO, March 5, 2013 /PRNewswire/ -- Mitsubishi Plastics, Inc. of Tokyo,
Japan, announced on March 5 the full-scale entry into NOx exhaust gas catalyst
manufacturing with its unique high-performance zeolite AQSOA (TM) used in the
SCR* System (hereinafter "SCR catalyst"). The SCR System is a means of
converting NOx contained in exhaust gas into Nitrogen and water with the aid
of DEF (Diesel Exhaust Fluid) or AdBlue. The market of this noteworthy
technology is expected to expand rapidly for its excellent catalytic
performance. Mitsubishi Plastics will establish a global production/supply
system of the high-performance zeolite AQSOA for SCR catalysts and further
improve the quality of the product in its proactive efforts to expand the SCR
catalyst market. * SCR = Selective Catalytic Reduction

Mitsubishi Plastics is developing the business for the unique high-performance
zeolite AQSOA, taking advantage of the excellent water vapor adsorbent
performance, in adsorption chillers and desiccant air-conditioners that have
the potential to use solar heat and low-temperature sources such as factory
exhaust heat.

Under the current global trend of increasingly more stringent automotive and
truck exhaust regulation, a significant market expansion is expected for the
SCR System, which reduces NOx. And demand for zeolitic catalysts used in the
system is also expected to expand rapidly.

To meet this trend, Mitsubishi Plastics focused on SCR catalysts as a new
application for the use of unique high-performance zeolite AQSOA and has
advanced the development of AQSOA for SCR catalysts since 2009. The
development efforts resulted in a success, realizing an SCR catalyst that
delivers superior catalytic performance at wide temperature including low
temperature ranges around 200 C, and achieves high durability even under a
high-temperature environment that is essential for SCR catalysts.

Mitsubishi Plastics is already contacting some of its customers with samples
of AQSOA and under discussion for further improvement and the establishment of
global production/supply systems to prepare for a rapid market growth expected
in and after 2014.

"With a sales target of 10 billion yen in five years, Mitsubishi Plastics is
committed to expand the business of AQSOA for SCR catalysts as our new
business," said Takumi Ubagai, President and CEO at Mitsubishi Plastics, Inc.

About Mitsubishi Plastics, Inc.Mitsubishi Plastics is a subsidiary of
Mitsubishi Chemical Holdings Corporation, the largest chemical manufacturer in
Japan with annual revenues of approximately $36 billion. Mitsubishi Plastics
offers a wide variety of high-performance products and services including
functional films, carbon fiber, alumina fiber, injection-molded products, and
others. Mitsubishi Plastics has many subsidiaries in European countries, the
U.S., and Asian countries including Japan.

Contact:Takeshi IshiiPublic Relations SectionMitsubishi Plastics, Inc.Tel:
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