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...
Mitsui Chemicals Inc. (TYO:4183) and South Korean company SKC Co. Ltd. have decided to dissolve their joint venture agreement for Mitsui Chemicals & SKC Polyurethanes Inc. (MCNS), a subsidiary that combines the two parent companies’ operations in polyurethane raw materials. Following the dissolution, Mitsui Chemicals and SKC will maintain a cooperative relationship to a necessary extent as the two continue...
Mitsui Chemicals Inc. (TYO:4183) has begun working to develop a market for a new heat-sealable film that enables selective high gas permeability. This ability for selective high permeation of a specific gas is what makes this film stand out. Meanwhile, it can form a heat seal at a lower temperature than other resin films. Other films have also allowed high...
Mitsui Chemicals Inc. (TYO:4183) has posted its results for fiscal 2020. The company recorded 1.21 trillion yen ($11.09 billion) in sales revenue for the year, down 10.2 percent year-on-year; 85.14 billion yen in core operating income, up 17.7 percent; and 57.87 billion yen in net income, up 70.4 percent. This marks a new record high for the company’s core operating...
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