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Mitsui to launch Milastomer production in the USA

June 07/2018

MOSCOW (MRC) -- Mitsui Chemicals has announced plans to set up a new production facility for Milastomer thermoplastic olefin elastomer at the Ohio plant of its US subsidiary Advanced Composites, Inc., as per GV.

There will be one production line with a capacity of 6,000 t/y. Construction start is scheduled for January 2019, completion in June, operations will then commence in October 2019. Mitsui Chemicals currently owns production sites in Japan, Europe, and China. The new facility in the USA will address growing demand in North America and serve as the companys fourth production base worldwide. Mitsui Chemicals America will sell Milastomer in North America, while Advanced Composites will handle production.

Advanced Composites, Inc. was established in June 1986 as a joint venture of Mitsui Chemicals America, Inc. (59.8 %), Prime Polymer Co. Ltd. (3 %), Mitsui & Co. Ltd. (27%), and Marubeni America Corporation (10.2%). Its main business is the production, sale and research of polypropylene compounds. Contract production of Milastomer will be added from October 2019 on.

With its low density and good mouldability, Mitsui Chemicals markets Milastomer as a substitute for PVC and vulcanised rubber. The many uses include auto parts, building gaskets, toothbrushes, golf club grips and more. Global demand is projected to rise, primarily for applications such as automotive interior covers, weather strips, air bag covers and steering bellows. Demand for use in automotive interior covers is expected to expand especially in North America.

As MRC wrote before, in March 2016, Mitsui & Co., Ltd. and Hankuk Carbon Co., a company listed on the Korea Exchange, entered into a strategic alliance agreement to engage in collaborative business activities relating to the processing of composite materials.

Mitsui Chemicals is a leading manufacturer and supplier of value added specialty chemicals, plastics and materials for the automotive, healthcare, packaging, agricultural, building, and semiconductor and electronics markets. Mitsui Chemicals is a Japanese Chemicals company, a part of the Mitsui conglomerate. The company has a turnover of around 15 billion USD and has business interests in Japan, Europe, China, Southeast Asia and the USA. The company mainly deals in performance materials, petro and basic chemicals and functional polymeric materials.


mrcplast.com
Author:Margaret Volkova
Tags:propylene, elastomer, ethylene, compounding, car components, Mitsui, USA.
Category:General News
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