Loan for Manufacturing and Sales Business of Chemicals for Semiconductors of US Subsidiary of Mitsubishi Gas Chemical Company, Inc.
Supporting Enhancement of Supply Chain Resilience of Japanese Semiconductor Industry

• Region: North America
• Manufacturing and Services
• Overseas Investment Loans

1. The Japan Bank for International Cooperation (JBIC; Governor: HAYASHI Nobumitsu) signed on March 29 a loan agreement amounting to up to approximately USD36 million (JBIC portion) with MGC Pure Chemicals America, Inc. (MPCA), a US subsidiary of Mitsubishi Gas Chemical Company, Inc. (Mitsubishi Gas Chemical). The loan is co-financed with the Bank of Yokohama, Ltd. and the Hyakugo Bank, Ltd., bringing the total co-financing amount to USD61 million.
     
2. The loan is intended to finance the funds necessary for MPCA to expand its production facilities of chemicals for semiconductors (super-pure hydrogen peroxide and super-pure ammonium hydroxide)^*1.
     
3. Mitsubishi Gas Chemical manufactures and sells chemicals for semiconductors in the United States. It is planning to increase the production capacity of MPCA in anticipation of rising demand for such chemicals due to the long-term growth in the semiconductor market. The loan will support Mitsubishi Gas Chemical's overseas business deployment, thereby contributing toward maintaining and improving the international competitiveness of Japanese industries.
     
4. As Japan's policy-based financial institution, JBIC will continue to provide financial support to help with efforts to enhance the supply chain resilience of Japanese industries and assist Japanese companies in the overseas expansion of their businesses.
     

Note

1. *1 
   Chemicals for semiconductors are essential materials in semiconductor manufacturing. They are used for cleaning, etching, and photoresist stripping of silicon wafers.