Mitsubishi Chemical Corp., a developer and manufacturer of performance products and materials, has announced it will set up a regional management company in Singapore to help expand its performance polymer business in the ASEAN region and India. As of April 1, Advanced Plastics Compounds Singapore Pte. Ltd. (APS) – a Singaporean-based consolidated subsidiary of Mitsubishi Chemical – will assume a...
Mitsui Chemicals Inc. (TYO:4183) has announced that it will set up new production facilities for Milastomer, a thermoplastic olefin (TPO) elastomer, at its U.S. production base Advanced Composites Inc. in Ohio. The move will take an investment of approximately 1.5 billion yen ($14.24 million), and will establish facilities with an annual production capacity of 6,000 tons. Construction is slated to...
Bridgestone Diversified Products Japan Co. Ltd. (BDPJ), a Bridgestone Corp. (TYO:5108) subsidiary focused on rubber and other materials for industrial and infrastructural applications, recently held a regular distributor conference. The conference covered BDPJ’s operations in the Ban-etsu and Kanto regions of Japan, and was attended by 78 corporate members. Speaking at the event, company president Fumihiko Eitoku said that he...
Carbon black manufacturer Tokai Carbon Co. Ltd. (TYO:5301) is enjoying strong business performance, with recently posted business results showing drastic increases to the company’s sales and profits. Sales for the year through December 2017 were up 19.9 percent from the previous year. Meanwhile, operating profit rose by 915.1 percent, ordinary profit by 678.3 percent, and net profit increased by approximately...
Mitsui Chemicals Inc. (TYO:4183) has announced that it will run the Mitsui Chemicals Material Oriented Laboratory (MOLp) – part of the company’s cross-organizational open-lab activities – for five days from March 7–11. This will take the form of an event the company is calling MOLpCafe, where visitors will be able to experience the appeal of a range of different materials....
Mitsui Chemicals Inc. (TYO:4183) has posted record-high net, ordinary and operating profit figures for the combined first three quarters of fiscal 2017 (April–December). Sales for the period totaled 959.83 billion yen ($8.78 billion), up 10.3 percent from the same period in the previous year. Operating profit was 75.74 billion yen, up 5.7 percent year-on-year; ordinary profit was 78.85 billion yen,...
