Chemicals

MAC's business in this area is wide-ranging, as we handle agricultural inputs, petrochemicals, chloralkali, fertilizer, electronic materials, and specialty chemicals.

Our Petrochemicals Department and Vinyl Alkali & Polyolefins Department are based in Houston at its industry's center. We trade petrochemical products and chlor-alkali related products, such as olefins, aromatics, carbon black feedstock, vinyl chloride monomer (VCM), polyvinyl chloride resin (PVC), caustic soda, ethylene glycol and polyolefins, mainly between the U.S., Central and South America and Asia, to meet the increasing demand in Asia and in Latin America.

Inorganic Chemicals & Fertilizer Department is also based in Houston. We trade fertilizer and inorganic chemical products such as sulphur and sulphuric acid domestically, as well as importing from and exporting to foregin market.

Our subsidiary company, Marubeni Specialty Chemicals Inc. (MSCI), of White Plains, New York, conducts trading and distribution operations. MSCI's five divisions serve various constituencies, including the paper, coating, paint, adhesive, packaging, automobile, electronics, fiber optics, foods, constructions, agricultural chemicals and related products (including Helena Chemical's products - see below). MSCI is invested in, and seeks further opportunities to invest in, emerging companies that offer cutting-edge technologies.

Electronic Materials Department, located in our Silicon Valley Branch, trades raw materials and products related to the Semi-conductor industry and various Electronics industries between America and Asia, primarily Japan.

Finally, MAC's largest subsidiary, Helena Chemical Company (HCC), is one of the largest formulators and distributors of crop inputs and services in the U.S. HCC offers a variety of agricultural chemicals, seed, fertilizer and related products. Helena has four plants which provide toll manufacturing services for its suppliers as well as manufacturing Helena's line of private and proprietary products. The Company has 17 sales divisions, with about 390 sales outlets and more than 3,639 employees. In addition to traditional agricultural products, Helena offers services in turf and ornamental products, forestry, aquatic and vegetation supplies. Its proprietary line of products includes adjuvant, seed treatments, bioscience, nutritional and value-added generics, which are distributed to Latin America, Europe, and Asian Paific countries by MSCI.

SUBSIDIARY COMPANIES:

Helena Chemical Company

Distributor of agricultural chemicals, seed and fertilizer

Marubeni Specialty Chemicals, Inc.

Import and export of specialty chemicals, agricultural chemicals and plastics