Mitsubishi Chemical Corporation has announced plans to strengthen its composite materials portfolio by expanding carbon fiber production capacity in Japan and the United States, targeting high-end composite applications in sports and leisure, aerospace, hypercar, and other advanced performance sectors.

As the need for lightweight and high-performance products in the sports and leisure, aerospace, and hypercar sectors has increased in recent years, demand for carbon fiber for high-end applications has been steadily expanding. Mitsubishi's carbon fiber for high-end applications, featuring outstanding strength and elastic modulus, meets rigorous quality standards and is highly valued by industry-leading customers.

In response to such robust demand, Mitsubishi Chemical has decided to enhance its high-performance carbon fiber production capacity by effectively leveraging its existing facilities in Japan and the United States.

Going forward, Mitsubishi Chemical will continue to capture market growth, create and deliver value to its customers and, by focusing on high value-added businesses, pursue further profit growth.