LUCITE INTERNATIONAL INC.
MEMPHIS, TN

Lucite International a global leader in acrylics Mitsubishi Chemical Corporation (MCC) is pleased to announce that The Saudi Methacrylates Company (SAMAC), a joint venture between MCC and Saudi Basic Industries Corporation (SABIC), has successfully completed performance test of its plants for production of methyl methacrylate (MMA) monomer and polymethyl methacrylate (PMMA) in Saudi Arabia Lucite International is a global leader in the design, development and manufacture of acrylic-based products. With manufacturing, sales and distribution capabilities across EMEA, The Americas and Asia Pacific, we are the energy and driving force behind some of the world’s best known branded acrylic products, which make a significant contribution to a wide range of growing sectors and geographic markets. We have further strengthened our position as the world’s largest supplier of MMA, the essential building block for all acrylics, by becoming a group company of Mitsubishi Chemical Corporation. We have a simple philosophy, which embraces the idea of continuous improvement. It is captured in our brand promise of going further in all that we do. Our single-minded determination to achieve excellence means we set ourselves the highest standards in safety, health and environmental performance, in the efficiency of our operations and in the positive contribution we make to our customers, our people, and the industries and communities we serve. The drive for absolute competitive advantage in the design, production and marketing of acrylic-based products will continue to transform our business. Building on our rich heritage and strong customer and partner relationships we will challenge convention and look to new technologies and operational models to reinforce our leading position in the world of acrylics. Lucite International has one of the most diverse asset portfolios of any major acrylics producer with 22 plants at 14 manufacturing sites worldwide. The Company’s manufacturing facilities benefit from ongoing investment to enhance their high quality, cost-efficient and reliable processes through continuous improvement. All assets are run within the framework of Lucite International’s own world-class Manufacturing Excellence program, which continues to deliver significant benefits including: Demand for safety glass grows and aircraft production begins. By 1938 Perspex® is the landmark product in the embryonic plastics industry. ICI helps develop the first domestic baths and the ‘Swinging Sixties’ leads to acrylics being used for disc dresses, shoes, handbags, hats and more. As environmental awareness increases, ICI introduces a new recovery and recycling scheme and helps customers to participate. Lucite International builds its first MMA plant in Caojing, China. The technology boom means acrylic is in demand for LCD screens, electronics fascias and more. Lucite International was created from the acrylic businesses of ICI and DuPont. ICI Acrylics was formed in the 1930s, when it invented the first commercial process for MMA. It went on to acquire DuPont’s acrylics business, and in 1999, Charterhouse Development Capital became involved in rebranding the Company Lucite International. In 2009 Mitsubishi Chemical Co Ltd became the new owners of the Company. A defining quality of Lucite International’s rich heritage has to be its commitment to innovation and all that it embraces. From the 1940s when Perspex® acrylic was used to replace glass canopies in Spitfire fighter planes, pioneering acrylic baths in the 60s and 70s to help transform living standards, to being part of the winning team that achieved a R&D100 Award in 2011 for work to revolutionize the safety of offshore oil extraction, we are proud of our heritage that has innovation firmly at its core. – ICI commences production of MMA and Perspex® sheet in the UK. – DuPont commences production of MMA and Lucite® sheet in the USA. – ICI establishes its first UK production site for Perspex®. – ICI establishes Kaohsiung Monomer Company, a joint venture with CPDC in Taiwan to produce MMA. – Acrylics business established within ICI. – Acquisition of Acrylic Products, the leading acrylic sheet producer in South Africa and Bonar Polymers, a UK specialty resins company. – ACH plant and pipeline commissioned at Seal Sands, UK. – Lucite International (China) Chemical Industry Co Ltd is formed and construction of the China MMA plant begins. – Lucite International announces its first Alpha technology plant to be built in Singapore. – Lucite International and MRC agree a MMA capacity sharing agreement under which Lucite International will supply MRC from its new Singapore facility and MRC will supply Lucite International from a new facility in Texas, USA. – Lucite International acquires DuPont’s HCN production facility at Beaumont, Texas, USA. – Lucite International acquired by Mitsubishi Rayon Co Ltd. – Lucite International becomes a group company of Mitsubishi Chemical Corporatation. – Lucite International sell Americas Sheet acrylic business to Plaskolite and license the use of the LuciteLux® and Lucite Spa and Bath® brands for 5 years in North America. Lucite International is a global leader in the design, development and manufacture of acrylic-based products. With manufacturing, sales and distribution capabilities across EMEA, The Americas and Asia Pacific, we are the energy and driving force behind some of the world’s best known branded acrylic products, which make a significant contribution to a wide range of growing sectors and geographic markets. We have further strengthened our position as the world’s largest supplier of MMA, the essential building block for all acrylics, by becoming a group company of Mitsubishi Chemical Corporation. We have a simple philosophy, which embraces the idea of continuous improvement. It is captured in our brand promise of going further in all that we do. Our single-minded determination to achieve excellence means we set ourselves the highest standards in safety, health and environmental performance, in the efficiency of our operations and in the positive contribution we make to our customers, our people, and the industries and communities we serve.