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An announcement from Mitsubishi Gas Chemical Company ( (JP:4182) ) is now available.
Mitsubishi Gas Chemical Company has announced a temporary suspension of the construction of its MXDA production facility in the Netherlands due to construction delays, increased costs, and market changes. This decision reflects concerns about the project’s commercial viability, and the company is reviewing its business plan to determine the future of the project.
The most recent analyst rating on (JP:4182) stock is a Hold with a Yen2520.00 price target. To see the full list of analyst forecasts on Mitsubishi Gas Chemical Company stock, see the JP:4182 Stock Forecast page.
More about Mitsubishi Gas Chemical Company
Mitsubishi Gas Chemical Company, Inc. operates in the chemical industry, focusing on the manufacture and sale of specialty chemicals. Their primary products include meta-xylenediamine (MXDA), and they have a significant market focus in Europe, which is the largest market for MXDA.
Average Trading Volume: 1,113,753
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen543.1B
See more insights into 4182 stock on TipRanks’ Stock Analysis page.