Mitsui Chemicals : Prime Polymer to Construct New Polypropylene Facility
May 31, 2021 at 12:10 am EDT
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2021.05.31
Prime Polymer Co., Ltd.
Prime Polymer Co., Ltd. (Minato-ku, Tokyo; President: FUJIMOTO Kensuke) today announced the decision to construct a new polypropylene manufacturing facility as part of its plans for a scrap-and-build-style restructuring of its production system.
A material that is integral to a wide range of applications, polypropylene finds use in such areas as food containers, home appliances, automotive parts, medical applications and rechargeable batteries. Further, polypropylene is expected to see its role in everyday life grow more than ever with the changes being witnessed in societal needs, such as for reducing food loss, increasing medical treatment opportunities and extending the cruising range of electric vehicles. Amid these developments, Prime Polymer recognizes its responsibility to society as a producer of plastics to respond to the urgent environmental issues at hand, with these including climate change, plastic waste and the resulting efforts to create a circular economy.
The new manufacturing facility to be constructed will enable the production of high-performance polypropylene, something that has been unattainable with the facility used to date, and allow Prime Polymer to meet the growing needs for lightweighting and thinning in automotive materials. And through its offering of recycling-conducive materials here, Prime Polymer is looking to help drive material recycling.
Moving forward, Prime Polymer plans to suspend its existing manufacturing facility with a view to production capacity that is in line with supply-demand balance. In restructuring its production system here, Prime Polymer anticipates the effect of approximately 70,000 tons in reduced greenhouse gas emissions annually against 2013 figures. Further, Prime Polymer will be ramping up its circular economy-related efforts through the likes of providing of biomass raw material-based materials.
By establishing its new facility and promoting the supply of high-performance polypropylene with high environmental applicability, Prime Polymer will once again be contributing to the value creation of its customers through the mantle of 'Your Prime Solution Partner.' And in doing so, Prime Polymer will work together with its customers toward achieving a society that is both recycling-oriented and convenient.
Overview of the new facility
1. Product
Polypropylene
2. Production capacity
200,000 tons/year
3. Location
Prime Polymer Ichihara Works, Ichihara, Chiba
4. Manufacturing technology
Licensed technology from Mitsui Chemicals, Inc. (HYPOL™ process)
5. Schedule
Start of construction in August 2021
Start of operations in November 2024
Planned site for construction (Prime Polymer Ichihara Works)
Existing facility to implement HYPOL™ (Prime Polymer Osaka Works)
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Mitsui Chemicals Inc. published this content on 31 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 May 2021 04:09:06 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%).