MITSUBUBISHI

MITSUBISHI Concept-RA sport coupe concept,

The MITSUBISHI Concept-cX compact SUV concept and the MITSUBISHI Concept-ZT. Responding to the European market, customers and competitive environment, a five-door sport hatchback model lineup topped by the hot Lancer Sportback Ralliart, a sport driving-oriented 4WD version powered by a 2.0-liter turbocharged engine mated to a Twin Clutch SST high-efficiency automated manual transmission. The Lancer Sportback was flanked by the Racing Lancer, a renewed Driving Pleasure, Safety and Environmental Responsibility. Mitsubishi Chemical has through its subsidiary, Japan Polypropylene Corporation (JPP), agreed to form a business alliance with Borealis AG, a leading Austrian supplier of plastics solutions, to strengthen polypropylene (PP) compound production and supply for the automotive industry in the U.S. and Europe. With this agreement, the two companies aim to meet rising global demand through localized production and high-performance PP compound materials. These materials are widely used in automotive components due to their light weight, flexibility and durability. The Borealis AG will use proprietary technology to produce high-performance specialty PP compounds in accordance with a formula licensed by JPP and specified by Mitsubishi Chemical’s German subsidiary, Mitsubishi Chemical Europe GmbH. In the U.S., Mytex Polymers US Corporation, a wholly owned subsidiary of Mitsubishi Chemical, will produce PP compounds in accordance with a formula specified by Borealis AG subsidiary Borealis Compounds, LLC.