Mitsubishi Polyester Film

What Mitsubishi Polyester Film does

Mitsubishi Polyester Film operates as the Polyester Film Division of Mitsubishi Chemical America, Inc., a subsidiary of Mitsubishi Chemical Holdings Corporation. The company manufactures biaxially oriented polyester (BOPET) films under the Hostaphan™ and Diafoil™ brand names, with five global production facilities in the United States, Germany, Japan, China, and Indonesia. The flagship Greer, South Carolina facility comprises more than one million square feet on 193 acres with 11 production lines, while the Wiesbaden, Germany facility produces 50,000 tons annually and is undergoing a €110 million expansion expected to add 27,000 tons of capacity. The company's product portfolio spans adhesion-promoting, matte, silicone release, UV-stabilized, modified COF, thermal lamination, thermal transfer ribbon, and specialty films, organized across eight primary end markets: industrial, packaging, electrical and electronics, imaging, medical, photovoltaic, solar control window film, and building products. The Reprocess™ program provides a closed-loop recycling service that converts spent PET liner material into first-quality release liners with up to 25% post-industrial recycled content.

The business operates a direct B2B sales model: an enterprise field sales organization with dedicated account managers serves key industrial and converter customers globally, supported by an inside sales team and customer service operation that handles order entry, shipping, and one-call inquiry response. The customer base is comprised of industrial converters, packaging converters, electrical and electronics manufacturers, automotive EV battery makers, medical device and pharmaceutical companies, photovoltaic module manufacturers, and window film converters. The company sells customized specialty films priced per pound (with a $0.15/lb increase announced for May 2026), and its film products carry UL recognition and ISO 9001/14001/RC 14001 certifications. The Greer site achieved Zero Waste to Landfill certification and EcoVadis Silver in 2026, and the division is positioned as a global leader in specialty and silicone-coated PET film. The division was consolidated into Mitsubishi Chemical America, Inc. in April 2021 along with seven other Mitsubishi subsidiaries, with no independent public shareholders. In 2018, the company installed the world's largest single polyester film line (Line 10) at Greer for $100 million, following a prior $100 million investment in 2015.

Name

Mitsubishi Polyester Film

Legal name

Mitsubishi Chemical America, Inc.

Website

https://m-petfilm.com

Company type

Private

Founded year

1964

Operating status

Operating

Headcount range

251–500 employees

Short description

Mitsubishi Polyester Film is the Polyester Film Division of Mitsubishi Chemical America, Inc., manufacturing Hostaphan™ and Diafoil™ brand BOPET films across five global facilities. It serves industrial, packaging, electrical, medical, photovoltaic, window film, and building products converters via direct enterprise field sales.

Ownership category

akta.pro rank

Product category

Polyester Film Manufacturing

NAICS

Plastics Packaging Film and Sheet (including Laminated) Manufacturing (326112), Unlaminated Plastics Film and Sheet (except Packaging) Manufacturing (326113)

SIC

Unsupported Plastics Film & Sheet (3081)

akta.pro primary industry

Polyester & Nylon Films (PET/BOPET, PA/BOPA) (IMALABAB)

akta.pro secondary industries

Packaging Film Extrusion (Flexible Packaging Films) (IMANACAA), Plastic Films & Laminated Packaging Structures Manufacturing (IMANAEAD)

Keywords

• BOPET film manufacturing
• Polyester film products
• Biaxially oriented film
• PET film supply
• Industrial film converter

Headquarters

HQ city

Charlotte

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D

Revenue model

1. PET Film Product Sales: Mitsubishi Polyester Film manufactures and sells Hostaphan™ and Diafoil™ brand polyester films to a wide range of industrial customers. Products are sold directly through account managers and the customer service team. Revenue is generated through the sale of standard and customized PET film products across diverse applications including packaging, industrial, electrical, medical, photovoltaic, and window film markets.
2. Reprocess™ Sustainable Liner Program: A recycling program collecting spent PET liner material from pressure-sensitive label and liner customers and downstream users, converting waste liner streams into first-quality release liners with post-industrial recycled content. This creates both a sustainability revenue stream and a circular economy product offering.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels5 records

Core offering

Mitsubishi Polyester Film manufactures and sells biaxially oriented polyester (PET/BOPET) film products under the Hostaphan™ and Diafoil™ brands for industrial converters across packaging, electrical, imaging, industrial, medical, photovoltaic, solar control window film, and building products applications. The company operates 11 production lines at its Greer, SC facility — including the world's largest polyester film line — and supplies global customers via direct field sales with custom-engineered film properties including adhesion promotion, UV stabilization, matte finishes, modified coefficient of friction, silicone release, and recycled-content liners through its Reprocess™ program.

Product overview

Mitsubishi Chemical America, Inc. Polyester Film Division is one of the largest global suppliers of polyester (PET) film, operating as a single unified product platform offering Hostaphan™ as its primary brand alongside Diafoil™ and the Reprocess™ Sustainable Liner Program. The product portfolio comprises multiple specialized film product lines organized by function and application: Adhesion Promoting Films (2602N, 2662N, 4407, 4507, 2CSRN series), Matte Films (ML01, MT01, MT02, MTB1, MTHL, MT44 series), Modified COF Films (2LRLN, 2MRLN, 2RD6N, 2RD6MN), Silicone Release Films (74SLK, 7BLK, 7SLK, 4365NK, 4375K series), UV-Stabilized Films (7333UV, 7RUV), Thermal Lamination Films (2240N, 4407, 4507, 4LAP, 4TLM series), Solar Control Window Films (4365N, 4375, 7211A, 7333A, 7333UV), and application-specific films for Packaging, Medical, Industrial, Imaging, Electrical, Photovoltaic, and Building Products markets. The Reprocess™ program provides sustainable recycled-content release liners, while the core Hostaphan™ brand covers all film types and the Diafoil™ brand offers additional customized PET film solutions.

Differentiator

Problem solved

Functional benefit

Brands

• Hostaphan™: Primary brand of polyester films manufactured by Mitsubishi for industrial, packaging, electrical, imaging, and specialty applications.
• Diafoil™
• Reprocess™

Products and services

• Hostaphan™ Adhesion Promoting Films

Quantifiable outcome

• Up to 25% post-industrial recycled material content in Reprocess™ release liners
• +5 more outcomes

Named customers7 records

Segments8 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

One partnership is on record.

• Envita Solutions, LLC (Envita)coreStrategic or Co-development PartnerMitsubishi Chemical America has partnered with Envita Solutions to help transform complex waste challenges through alternative management methods including source reduction, recycling, and energy recovery. Envita has been collaborating with MCA for over three years across 22 manufacturing sites to drive landfill diversion. The Greer Polyester Film and Performance Polymers sites achieved Zero Waste to Landfill certification through this partnership, diverting nearly all materials through recycling, reuse, energy recovery, and other beneficial methods.

Scale indicators11 records

Recent moves9 records

Expansion highlights5 records

Direct peers

• Uflex Limited: Indian flexible packaging and BOPET film manufacturer with global sales presence. Competes with Mitsubishi in flexible packaging film applications including lidding, pouches, and lamination films.
• Jindal Poly Films: Indian BOPET and BOPP film manufacturer with global production footprint serving packaging, label, and industrial markets. Comparable vertically integrated film producer with scale ambitions targeting similar end markets.
• SKC Co., Ltd. South Korean BOPET and PET film manufacturer producing films for packaging, electrical, and industrial uses. Direct competitor with global manufacturing footprint and similar focus on specialty/value-added grades.
• SRF Limited: Indian manufacturer of BOPET films, technical textiles, and specialty chemicals with global customer base. Competes directly with Mitsubishi in BOPET films for packaging, industrial, and emerging electronics applications.
• Kolon Industries: South Korean chemical manufacturer producing BOPET films for packaging, electronics, and industrial applications. Comparable Asian competitor with global exports and focus on specialty film grades similar to Mitsubishi's portfolio.
• Cosmo Films: Indian BOPET and BOPP film manufacturer with global sales network serving packaging, label, and industrial markets. Direct comparable with similar product portfolio targeting converters and end users across multiple regions.
• Toray Industries: Japanese multinational and global leader in BOPET film manufacturing under the Lumirror™ brand, serving packaging, industrial, electronics, and photovoltaic markets with multi-region production. Directly comparable to Mitsubishi on scale, product breadth, and end-market exposure.
• DuPont Teijin Films: Joint venture between DuPont and Teijin producing Mylar® polyester films for industrial, packaging, electrical, and imaging applications. A direct global BOPET competitor with similar application breadth and brand positioning to Mitsubishi's Hostaphan™.
• Polyplex Corporation: Thai-headquartered BOPET and BOPP film manufacturer with operations across India, Thailand, Turkey, and the US. Comparable emerging global competitor focused on packaging and industrial films with similar price/volume dynamics to Mitsubishi.
• Terphane (Tredegar Corporation): US and Brazil-based BOPET film producer serving flexible packaging and industrial markets in the Americas. Geographic overlap and direct competition in North American PET film supply, particularly for packaging converters.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/mitsubishi-polyester-film

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Mitsubishi Polyester Film