Founded in 1934, Mitsubishi Chemical USA, also known as MCUSA, specializes in the production of cars, personal computers, televisions, electronic items, and paper and steel products. It has also expertise in the area of finance, banking, insurance and investments. The company serves the pharmaceutical, construction, food manufacturing, packaging, imaging, data storage, publishing and plastics industries. It works in partnership with Noltex, which produces an ethylenevinyl alcohol co-polymer used in oxygen gas-barrier resin, a component of food packaging. Mitsubishi Chemical USA donates funds and assists community organizations to support various educational, recreational and charitable activities. It is a wholly owned subsidiary company of Mitsubishi Chemical Corporation, which is owned by the Mitsubishi Chemicals Holdings Company in Japan.