Mitsui & Co., Ltd. (“Mitsui,” head office: Tokyo, President and CEO: Kenichi Hori) has decided today to dissolve and liquidate its wholly owned subsidiary MBWA Investment LLC (“MBWA”).
1. Overview of the consolidated subsidiary MBWA to be transferred
| (1) Name | MBWA Investment LLC | ||
|---|---|---|---|
| (2) Location | Delaware, US | ||
| (3) Title and name of representative | Masayuki Takekoshi (President and CEO) | ||
| (4) Description of business | Procurement of ethylene dichloride (EDC) and caustic soda, investment in Blue Water Alliance JV LLP (“BWA”) (a subsidiary of Olin Corporation: 51%, MBWA: 49%) | ||
| (5) Contributed capital | 77.8 million US dollars | ||
| (6) Date of establishment | November 1,… | ||