Launch of a New Optical Materials Division

Mitsubishi Gas Chemical Company, Inc. (MGC; Head Office: Chiyoda-ku, Tokyo; President: Toshikiyo Kurai) will establish a new Optical Materials Division in the Specialty Chemicals Company on April 1, 2019. The new division will integrate all MGC operations for optical material products currently handled by different divisions, thus ensuring business development focused on optical control solutions.

The broad range of optical materials developed and produced by MGC includes the Iupizeta, a series of specialty polycarbonate resins used in camera lenses in products such as smartphones, as well as the plastic ophthalmic lens material featuring one of the world's highest refractive index. MGC will strengthen its optical materials business due to the great growth potential in the market for these products. In recent years, the optical technology market has been generating an increasing number of applications, and this development has been accelerated by introducing high-performance cameras in information devices and the spread of in-vehicle camera uses to sensing systems.

Against this backdrop, the new Optical Materials Division will integrate its operations for optical products that have been handled by many different divisions, thereby administering the optical product development, production control and distribution under one roof. This integration will further strengthen MGC's ability to propose solutions to clients and develop the solutions. The new organization will help offer optimal solutions that meet customer needs and more flexibly conduct research and development.

Innovative optical solutions from the MGC Group, which upholds the vision of creating values to share with society, will further contribute to the company's mission to create valuable products and technologies that more closely meet customer expectations.

Product groups to be integrated in the Optical Materials Division
1）Special polycarbonate resin ”Iupizeta” : Engineering Plastics Division
2）Plastic lens monomers : Inorganic Chemicals Division
3）Acrylic resin ”Optimas” : Organic Chemicals Division
4）Adamantane derivative : Specialty Chemicals Company Planning & Development Division
5）Curable optical resin composition ”LumipluS”: Specialty Chemicals Company Planning & Development Division

Specialty Chemicals Company Organization Chart (as of April 1, 2019)