Quadrant Changes Name to Mitsubishi Chemical Advanced Materials as of April 1, 2019

PR77546

ZURICH, Feb. 25, 2019 /PRNewswire=KYODO JBN/--

     Quadrant AG announced today that the company will change its name to

Mitsubishi Chemical Advanced Materials AG (MCAM) as of April 1, 2019.

This name change will be an important further step in the history of the Group

as the renamed company as well as most of its subsidiaries and affiliates which

will share the name of Mitsubishi Chemical as part of its new identity with some

additional designation.

(Logo: https://mma.prnewswire.com/media/825626/Quadrant_MCAM_Logo.jpg)

    The name aligns with the Mitsubishi Chemical Group brand and is well

reflecting the activities of the company. MCAM will, under the new name,

continue to serve a growing portfolio of market segments as a Strategic

Business Unit (SBU) under the umbrella of its parent company Mitsubishi

Chemical Corporation (MCC).

    Starting April 1, 2019 a new corporate identity will be established with

Mitsubishi Chemical Advanced Materials at the core.

    The existing portfolio of product brands such as Ketron(R), MediTECH(R),

SymaLITE(R), Symalit(R) etc. will remain unaffected and will continue to be

used to distribute products under the same specifications and quality into the

various customer channels.

    The company will continue to enhance its high-performance thermoplastic

materials business and strive to realize "KAITEKI".

    - KAITEKI is an original concept of the Mitsubishi Chemical Holdings Group

that proposes a way forward in the sustainable development of society and the

planet, in addition to serving as a guide for solving environmental and social issues.

    Quadrant is a leading global manufacturer of high-performance thermoplastic

materials in the form of semi-finished products and finished parts. The company

has locations in 21 countries and more than 2800 employees. Its specialty

engineering thermoplastics and composites are superior in performance to metals

and other materials and are used in a wide range of applications, primarily in

the capital goods industry. The company is continuously developing new areas of

applications in close cooperation with industry leaders in a broad variety of

customer markets. Quadrant is a fully owned subsidiary of Mitsubishi Chemical

Corporation (MCC) and its parent company Mitsubishi Chemical Holdings

Corporation (MCHC).

    Further information can be obtained from :

    Frank-Michael Schilling, Chief Financial Officer

frank.schilling@qplas.com

Quadrant AG, Talstrasse 70, CH-8001 Zurich

Phone +41(0)44-213-66-66, Fax +41(0)44-213-66-99

http://www.quadrantplastics.com

Source: Quadrant AG