Mitsui Chemicals; Start-up PP Compounds Capacity Augmented in North America and Asia

〜 World Top Strategy Backed by Eight Strong Global Hubs 〜

2017.07.25

Mitsui Chemicals, Inc.
Prime Polymer Co., Ltd.

Mitsui Chemicals, Inc. (Tokyo: 4183; President & CEO: Tsutomu Tannowa) and Prime Polymer Co., Ltd. (President: Takeshi Kaide; JV: Mitsui Chemicals 65%, Idemitsu Kosan 35%) announced production augmentation has been completed and started up, to strengthen the Group’s position in growth markets, at three of its global PP compound hubs – United States, Mexico, and India – in response to growing demand for automotive use polypropylene.

The Group currently has 8 global production sites (Japan, USA, Mexico, Europe, Thailand, China, India, and Brazil) and R&D facilities in 5 areas (Japan, USA, Europe, Thailand, and China) for automotive use polypropylene (PP) and has continued to enhance its production system for premium-quality products.

While needs to reduce environmental load and regulatory constraints expand, the demand for lighter weight automobile parts, such as bumpers and instrument panels, is also expected to grow.

The Group has been strengthening its production capacity in North America, Europe, and Asia bringing the production capacity to 1.05 million, thereby securing its position as the world’s top class provider of PP compounds for automotive use.

The Mitsui Chemicals Group will continue to bolster its manufacturing, sales, and technical service system to supply high-quality products and actively strengthen and expand its PP compound business.

Augmentation Outline

Company (location) Augmented Lines & Operation Date
Advanced Composites, Inc. (America) 2 lines / June FY2017
Advanced Composites Mexicana, S.A. de C.V. (Mexico) 1 line / July FY2017
Mitsui Prime Advanced Composites India PVT. LTD. (India) 1 line / May FY2017

PP Compound Production Capacity
Unit x1,000 tons

Area Before After
Global 1,000 1,050
North America 410 440
Europe 15 20
Asia (incl Japan) 575 590
(Japan) (310) (310)

Company Outlines

Advanced Composites, Inc. (America)

(1) Establishment June 1986
(2) Capital US$ 14.1 million
(3) Ratio Mitsui Chemicals America 59.8%, Prime Polymer 3.0%, Other 37.2%
(4) Head Office Ohio, USA
Production Facilities Ohio & Tennessee, USA

Advanced Composites Mexicana, S.A. de C.V. (Mexico)

(1) Establishment February 1994
(2) Capital US$ 2.6 million
(3) Ratio Advanced Composites Inc. 100%
(4) Head Office
& Production Facility
Aguascaliente, Mexico

Mitsui Prime Advanced Composites India PVT. LTD. (India)

(1) Establishment September 2007
(2) Capital 2.5 billion rupees
(3) Ratio Mitsui Chemicals 70.96%, Prime Polymer 20%, Other 9.04%
(4) Head Office
& Production Facility
Neemrana, India