How it started
History
On December 4, 2021, the company announced they would be leaving the commodity chemical businesses by the 2023 fiscal year. The petrochemical and coal-chemical units accounted for $4.8 billion a year in sales and they said the reason for divesting is Japan's shift toward carbon neutrality and poor growth potential.
From Wikipedia’s article on Mitsubishi Chemical Holdings, shared under CC BY-SA 4.0.2
