Mitsui Chemicals will transfer all shares of its consolidated subsidiary Mitsui Phenols Singapore (MPS) to Ineos effective March 1, 2023. MPS will be excluded from the scope of consolidation of Mitsui Chemicals as a result of the share transfer. MPS has been developing its phenol business – including phenol, acetone, bisphenol A, and α-methylstyrene – in Singapore since its establishment...
Chemicals company Mitsui Chemicals this month launches technical due diligence services aimed mainly at distributed solar power generation companies that are operating or planning to operate at multiple solar power generation sites. The company has started its solar power generation diagnostic business in 2014. The new service is part of an online diagnostic service it has been developing since August...
Mitsui Chemicals’ ethylene-propylene rubber (EPDM) plant operations remained at a high level in fiscal 2021. In the first half of the year, from April to September, the supply-demand situation remained tight. Sales remained steady, however, in the second half from October to March, despite being affected to a small extent by the shortage of semiconductors and reduced car production. The...
Mitsui Chemicals Inc. (TYO:4183) has joined with three other companies to launch a joint pilot project funded by the New Energy and Industrial Technology Development Organization (NEDO). This follows the companies having applied for Green Innovation Fund support under the “Development of Technology for Producing Raw Materials for Plastics Using CO2 and Other Sources” initiative, with a particular focus here...
Mitsui Chemicals Inc. (TYO:4183) and Prime Polymer Co. Ltd. have acquired ISCC Plus certification – an international certification system for sustainable products – for a number of products manufactured at their Osaka Works in Takaishi, Osaka Prefecture. The result of this is that from the second half of fiscal 2021, Mitsui Chemicals and Prime Polymer will use a mass balance...
Mitsui Chemicals Inc. (TYO:4183) is set to increase its prices for Mitsui EPT, the company’s brand of ethylene propylene diene monomer (EPDM). The change will apply to all Mitsui EPT products supplied from Dec. 1 onward, with prices rising by at least 40 yen ($0.35) per kilogram. Explaining the decision, Mitsui Chemicals started by noting that market conditions for EPDM...
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