The Virginian-Pilot
                             THE VIRGINIAN-PILOT 
              Copyright (c) 1994, Landmark Communications, Inc.

DATE: Wednesday, September 7, 1994           TAG: 9409070490
SECTION: BUSINESS                 PAGE: D2   EDITION: FINAL 
SOURCE: (Staff)
                                             LENGTH: Short :   18 lines

MANUFACTURERS TO MERGE

Mitsubishi Kasei Corp., the Tokyo-based parent company of Chesapeake-based Kasei Virginia, will merge Oct. 1 with Mitsubishi Petrochemical Co. Ltd. The merged company, Mitsubishi Chemical Corp., will have worldwide sales in excess of $13 billion yearly, putting it among the world's 10 largest chemical companies. Tadayuki Imai, president of the Chesapeake operations, said the merger would have little impact on operations there. < by CNB