United States, June 27 -- The Japan Bank for International Cooperation (JBIC) signed on June 26 a loan agreement amounting to up to USD240 million (JBIC portion) with UBE C1 Chemicals America, Inc. (UCCA), a US subsidiary of UBE Corporation (UBE). The loan is co-financed with MUFG Bank, Ltd., Mizuho Bank, Ltd., and The Norinchukin Bank, bringing the total co-financing amount to USD400 million. This loan is intended to finance the funds necessary for UCCA to conduct the manufacturing and sales business of organic solvents in the United States. These solvents, including dimethyl carbonate (DMC) and ethyl methyl carbonate (EMC), are mainly used in automotive lithium-ion batteries. The loan will mainly be used to build a new facility. Currently...