Mitsui Chemicals : Set to Begin Singaporean Production for α-Methylstyrene
January 14, 2019 at 11:49 pm EST
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2019.01.15
Mitsui Chemicals, Inc.
Mitsui Chemicals, Inc. (Tokyo: 4183; President & CEO: Tsutomu Tannowa) today announced that it intends to begin production for alpha-methylstyrene (α-methylstyrene) at Singaporean subsidiary Mitsui Phenols Singapore Pte. Ltd. (MPS; Managing Director: Manabu Yoshida).
Formed as a by-product during phenol production, α-methylstyrene is an aromatic compound that sees use as a raw material in the likes of resins and additives. Demand for the compound is strong as a result of global economic growth, with a particular expansion of applications coming in response to increasing performance needs for acrylonitrile-butadiene-styrene (ABS) resin and petroleum resin.
Mitsui Chemicals already has a world-leading level of production capacity for α-methylstyrene in Japan. By also beginning production in Singapore, the company intends to construct a more stable system for global supply.
This will enhance a three-base network comprising Japan, Singapore and China. Going forward, Mitsui Chemicals will use this network to further strengthen and expand its phenol chain business into one with a truly global presence.
Overview of the Expansion
Product
α-methylstyrene
Factory location
Jurong Island, Singapore
Production capacity
20,000 tons/year
Schedule
Construction to be completed in May 2020 (tentative)
Overview of Mitsui Phenols Singapore Pte. Ltd.
Headquarters
3 HarbourFront Place #10-01 HarbourFront Tower 2 Singapore 099254, Singapore
Established
April 15, 1999
Capital
$120 million (Mitsui Chemicals: 95%; Mitsui & Co.: 5%)
Managing Director
Manabu Yoshida
Business
Manufacture and sale of phenol, acetone and bisphenol A
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Mitsui Chemicals Inc. published this content on 15 January 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 15 January 2019 04:48:06 UTC
Mitsui Chemicals, Inc. specializes in the manufacture and marketing of chemicals products. Net sales break down by product family as follows:
- basic chemicals and fine chemicals products (48.8%): polypropylene, polyethylene, phenols, polyolefins, polyurethane, etc.;
- performance chemicals products (25.5%): elastomers, urethane, polymers, etc. intended in particular for the automotive industry;
- coating materials, films and agrochemicals (14.6%): resins, adhesives, polypropylene films, polyethylene films, industrial films, agrochemicals (insecticides, fungicides, herbicides, etc.) for the food and packaging sectors;
- specialty materials (10.2%): ophthalmic lens materials, photochromic materials, non-woven fibers, dental products, etc. dedicated to the medical and healthcare industry;
- other (0.9%).
Net sales are distributed geographically as follows: Japan (52.2%), China (14.5%), Asia (13.6%), America (11.8%), Europe (7.3%) and other (0.6%).
MITSUI CHEMICALS, INC. 
