Mitsui Chemicals : to Build New TAFMER™ Plant in Singapore
August 29, 2022 at 11:03 pm EDT
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2022.08.30
Mitsui Chemicals, Inc.
Mitsui Chemicals, Inc. (Tokyo: 4183; President & CEO: HASHIMOTO Osamu) today announced plans to bolster capacity at its Singapore-based wholly owned subsidiary MITSUI ELASTOMERS SINGAPORE PTE LTD (MELS; President: NITTA Toshio) by building a new plant to produce the high-performance elastomer TAFMER™.
Singapore TAFMER™ Existing manufacturing plant
Overview of new project
Product
TAFMER™ high-performance elastomer
Plant site
Jurong Island, Singapore
Capacity
120,000 tons/year
(Capacity of existing facility: 225,000 tons/year)
Schedule
Scheduled for completion sometime in fiscal 2024
As part of its new Long-Term Business Plan, VISION 2030, Mitsui Chemicals aims to help solve social challenges and achieve sustainable business growth by providing unique materials, features and services.
TAFMER™ is used both as a soft molding material and as a resin modifier that dramatically improves resin properties. Its flexibility and lightness have resulted in TAFMER™ being used across a wide range of fields, including solar cell components, packaging materials, engineering plastic modifiers, sports shoes and automotive parts.
Demand for TAFMER™ is strong amid robust global economic growth, and is expected to rise further on the back of efforts to achieve a circular economy and step up the introduction of clean energy. Via the supply of TAFMER™, which meets these needs, Mitsui Chemicals aims to become a global solutions company that leads change and contributes to the sustainable societies of the future.
Overview of MELS
Company name
MITSUI ELASTOMERS SINGAPORE PTE LTD
Head office
3 HarbourFront Place #10-01 HarbourFront Tower 2
Singapore 099254, Singapore
Established
February 7, 2001
Capital
US$96.3 million (wholly owned by Mitsui Chemicals, Inc.)
Managing Director
NITTA Toshio
Business
Manufacture and sale of elastomers, primarily TAFMER™
Mitsui Chemicals to Build New TAFMER™ Plant in Singapore(PDF : 189KB)
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Mitsui Chemicals Inc. published this content on 30 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 August 2022 02:57:37 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. 
