Galp has taken the final investment decision on two large scale projects to reduce the carbon footprint of the Sines refinery and its products. The projects include a 270 ktpa advanced biofuels unit, in partnership with Mitsui, and 100 MW of electrolysers for the production of green hydrogen. Both units are expected to have their … Read more
Mitsui Chemicals, Inc. has unveiled its strategic initiative to amplify the production capacity of polyurethane dispersions (PUDs) in response to the escalating demand for sustainable mono-material food packaging solutions. This pronounced shift towards eco-friendly packaging aligns with the global emphasis on sustainability. The focal point of this expansion lies within the Shimizu Factory, a wholly … Read more
Mitsui Chemicals, Inc. announced that Polaris Chemicals, Inc., a subsidiary established in 2021, has begun production of biocatalysts used in the production of acrylamide. Acrylamide is a raw material for polyacrylamide, which is in turn used as a flocculant for wastewater treatment, a paper strengthening agent, and a crude oil recovery agent, among other applications. … Read more
Mitsui & Co., Ltd. has decided, and agreed with Celanese Corporation, a leading American chemical company, to acquire a 70% stake in its wholly owned subsidiary Nutrinova Netherlands B.V., which manufactures and sells functional food ingredients and concluded related agreements. The purchase price for the shares is $472.5 million. Following the acquisition, Nutrinova will become … Read more
Neogen Chemicals Limited, a prominent Indian manufacturer of specialty chemicals based on Bromine and Lithium, has signed a license agreement with MU Ionic Solutions Corporation (MUIS), a joint venture between Mitsubishi Chemical Corporation (MCC) and UBE Corporation. As part of the agreement, Neogen will obtain proprietary and confidential manufacturing technology for making electrolyte solutions, which … Read more
INEOS Phenol has announced that it has agreed to acquire the entire asset base of Mitsui Phenols Singapore Ltd from Mitsui Chemicals, a leading Japanese chemicals manufacturer, for a total consideration of $330 million. The business has a turnover of $750 million and produces over 1 million tonnes of product each year, including cumene (410 … Read more
Mitsui Chemicals, Inc. announced that it has formed an agreement to acquire the pellicle business of Asahi Kasei Corporation, said the company. According to Mitsui Chemical’s Long-Term Business plan VISION 2030, it is aiming with creating and growing a “unique” ICT Solutions business to grow products that will let it create and grow operations here … Read more
UK carbon capture specialist Storegga jointly with Mitsui & Co., Ltd. to advance the commercialisation of direct air capture (DAC) technology. The Memorandum of Understanding (MoU) signed on March 25th will also support development of the UK’s first DAC facility in North East Scotland which aims to extract one million tonnes of carbon dioxide (CO2) … Read more
Mitsui Chemicals, Inc. announced that its subsidiary Prime Polymer Co., Ltd. has become the first company in Japan to commercially produce and ship biomass polypropylene (PP). Derived from bio-based hydrocarbons, this PP is certified as bio-based using the mass balance method in accordance with ISCC PLUS certification for plastic and chemical derivatives. Mitsui Chemicals received … Read more
Mitsubishi Chemical Corp. has concluded agreements to transfer its polymer flocculant sales business to MT AquaPolymer, Inc. and Hymo Corp. Once the transfer is complete, the two companies will outsource the manufacture of polymer flocculants to MCC. The transfer is subject to obtaining approval from competition authorities. MTAP is a leading Japanese manufacturer of polymer … Read more
Mitsui Chemicals, Inc. announced that group company SDC Technologies, Inc. has acquired COTEC GmbH. Engaged in the manufacture, sale and research of hydrophobic and anti-reflective coatings, COTEC became a wholly owned subsidiary of SDC on October 1, 2020. The Mitsui Chemicals Group’s Vision Care Materials Division boasts a diverse product range. Its ophthalmic lens materials … Read more
Mitsui & Co., Ltd., and Nippon Soda Co., Ltd. (Nisso) have acquired 56% stake in India’s Bharat Insecticides Limited (BIL), an agrochemicals company through a special purpose company co-founded by the two Japanese companies. BIL’s promoters will continue to hold balance shares in BIL. As a result of this transaction, BIL has become a group … Read more
Mitsui Prime Advanced Compounds Europe, a joint venture between Mitsui Chemicals (75%), Mitsui & Co. (15%) and Prime Polymer Co. (10%), has commissioned its first polypropylene (PP) compounding plant in Europe. Located within Chemelot Industrial Park in the Netherlands, Advanced Compounds Europe marks Mitsui Chemicals Group’s first polypropylene (PP) compounding site in Europe. The facility … Read more
Mitsui Chemicals, Inc. has expanded its production facilities for meltblown nonwovens at its wholly owned subsidiary Sunrex Industry Co., Ltd. The move comes as an attempt to respond to the increasing demand for industrial-use meltblown nonwovens, and will increase the total production capacity of the Mitsui Chemicals Group for these materials by 50%. The expanded … Read more
Asahi Kasei announced on 29 Januray that naphtha cracker of Asahi Kasei Mitsubishi Chemical Ethylene Corp. in Mizushima which was suspended on January 14, 2020, was restarted on January 28, 2020. Initially, the suspension of operations was a result of refrigerant-related equipment issues. The restart was delayed from the previously announced schedule of January 24, … Read more
The Saudi Arabian General Investment Authority (SAGIA) has announced more than $2bn worth of new petrochemical investment deals, which include a new polyacrylamide plant and an ammonia project in Jubail. The deals were signed in Riyadh between the SAGIA and five chemical majors, namely, German BASF, Anglo-Dutch Shell, Japanese Mitsui & Co, French SNF and … Read more
Mitsui Chemicals, Inc. is expanding its subsidiary in Thailand, Grand Siam Composites’ polypropylene (PP) compounding capacity to meet increasing global demand from the automotive industry. The expansion due on stream in June 2020 will boost the overall global compounding capacity of the group to nearly 1 million tons per year, ranking it second behind LyondellBasell. … Read more