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Mitsui Chemicals to construct new plant for cyclic olefin copolymers

April 23/2020

MOSCOW (MRC) -- Mitsui Chemicals, Inc. has announced that it will establish a new plant within Osaka Works, Takaishi, Osaka Prefecture, to produce the APEL series of cyclic olefin copolymers, according to Chemical Engineering.

With its major application in smartphone camera lenses, APEL has seen demand driven by a recent trend toward multi-lens cameras in these devices. Mitsui Chemicals is therefore looking to set up a supply system able to deal with this increased demand.

By establishing the new plant, Mitsui Chemicals production capacity for APEL will rise by approximately 50%. Construction on the new plant is starting this month and is slated to wrap up in March 2022.

Plans going forward are to further grow Mitsui Chemicals APEL business by capturing new demand in applications, such as automotive cameras, head-mounted displays and the medical sector.

Mitsui Chemicals is positioning its Performance Polymers Division - which includes APEL and is focused on ICT - as a growth sector. Through this latest production capacity increase, Mitsui Chemicals expects that it will be able to continue meeting increased demand here for the time being. But to properly respond to further demand growth going forward, Mitsui Chemicals will now begin to also consider its next production increase for the series.

As MRC informed before, Mitsui Chemicals restarted its naphtha cracker in Japan on 11-12 May, 2019, following an unplanned outage. The cracker was shut in end-April, 2019 owing to power failure. Located at Chiba in Japan, the cracker has an ethylene capacity of 600,000 mt/year and propylene capacity of 331,000 mt/year.

Ethylene and propylene are feedstocks for producing polyethylene (PE) and polypropylene (PP).

According to MRC's ScanPlast report, Russia's estimated PE consumption totalled 215,390 tonnes in the first month of 2020, up by 23% year on year. Shipments of all grades of high density polyethylene (HDPE) and linear low density polyethylene (LLDPE) increased due to higher capacity utilisation at ZapSibNeftekhim. At the same time, PP shipments to the Russian market were 127,240 tonnes in January 2020, up by 33% year on year. ZapSibNeftekhim's homopolymer PP accounted for the main increase in shipments.

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.
Author:Margaret Volkova
Tags:PP, PE, LLDPE, homopolymer PP, propylene, HDPE, ethylene, Mitsui, Russia, Japan.
Category:General News
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