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Mitsui Chemicals completes production increase for TEKNOROTE

November 20/2020

MOSCOW (MRC) -- Mitsui Chemicals' wholly owned subsidiary Sunrex Industry Co has completed the construction on expanded production facilities for share-holding plastic wire mainly used for mask nose clamps, said Japanese producer.

Work on the expanded facilities got under way this June in response to surging mask demand amid the COVID-19 pandemic. Completed on October 15, the expanded facilities began commercial operations earlier this month.

The expanded facilities allow the Mitsui Chemicals Group to now produce enough nose clamps to cover 3 billion masks per year. In view of dealing with continued rising mask demand while also pursuing other applications for the material, however, consideration will be given to further expansion of TEKNOROTE production facilities in due course.

Work on the expanded facilities in Yokkaichi, Mie prefecture started in June in response to surging mask demand amid the coronavirus pandemic, it said in a statement. Financial details of the expansion project were not disclosed.

The expanded facilities will allow the Mitsui Chemicals group to produce enough nose clamps to cover 3bn masks per year.

As MRC informed earlier, Mitsui Chemicals operated its naphtha cracker normally following a maintenance turnaround. Company resumed operations at the cracker on July 19, 2020. The cracker was shut for maintenance on June 11, 2020. Located in Osaka, Japan, the cracker has an ethylene capacity of 500,000 mt/year and a propylene capacity of 280,000 mt/year.

According to MRC's ScanPlast report, Russia's estimated PE consumption totalled 1,594,510 tonnes in the first nine months of 2020, up by 1% year on year. Only high density polyethylene (HDPE) shipments increased. At the same time, PP shipments to the Russian market reached 880,130 tonnes in the nine months of 2020 (calculated using the formula: production minus exports plus imports, excluding producers' inventories as of 1 January, 2020). Supply increased exclusively of PP random copolymer.

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:Anna Larionova
Tags:petroleum products, crude oil, PP, PE, neftegaz, petrochemistry, Mitsui.
Category:General News
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