Business Wire

Mitsui Chemicals to Increase Production Capacity for TAFMER™ High-Performance Elastomers

Jaa

Mitsui Chemicals, Inc. (TOKYO:4183)(President & CEO: Tsutomu Tannowa) today announced that Mitsui Elastomers Singapore Pte Ltd (MELS; Managing Director: Shinya Matsunaga), a wholly owned subsidiary based in Singapore, is set to raise its production capacity for TAFMER™ high-performance elastomers.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20180823005185/en/

TAFMER(TM) plant at MELS (Photo: Business Wire)

TAFMER(TM) plant at MELS (Photo: Business Wire)

TAFMER™ holds a world-leading market share as a resin modifier and soft molding material. Both flexible and lightweight, the elastomer series sees use in a wide range of applications, including automotive materials, packaging materials, solar battery encapsulants, engineering plastic modifiers and sports shoe midsoles.

Global economic growth is driving strong demand for TAFMER™, with automotive material applications in particular expected to see further demand growth going forward. This comes as automobile production numbers continue to rise and tightening environmental regulations spur needs for lightweighting.

Mitsui Chemicals has a long track record when it comes to supplying automotive material manufacturers around the world, focusing here on polypropylene (PP) compounds. To keep up its steady supply moving forward, the company plans to remove bottlenecks at existing TAFMER™ production facilities, allowing it to increase production capacity for the elastomer series.

Mitsui Chemicals and MELS are also considering additional increases to supply capacity for TAFMER™ as they look to grow their business here further. Through these plans, Mitsui Chemicals intends to be proactive in maintaining and strengthening its position as holding the top global share in this area.

 

[Outline of Expanded Production Capacity]

1. Product   TAFMER™ high-performance elastomers
2. Factory location Jurong Island, Singapore
3. Production Capacity

200,000 tons/year (before expansion)
→ 225,000 tons/year (following expansion)

4. Schedule   Completion in July 2020 (tentative)
 
 

[Overview of MELS]

1. Company Name   Mitsui Elastomers Singapore Pte Ltd
2. Head Office 3 HarbourFront Place #10-01 HarbourFront Tower 2 Singapore 099254, Singapore
3. Establishment February 2001
4. Capital

US$ 96.3 million
(wholly owned by Mitsui Chemicals)

5. Managing Director Shinya Matsunaga
6. Business   Manufacture and sale of elastomers
 

Contact information

Mitsui Chemicals, Inc.
Takashi Kawamoto, +81-3-6253-2100
Corporate Communications Division
takashi.kawamoto@mitsuichemicals.com

Tietoja julkaisijasta

For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.

Tilaa tiedotteet sähköpostiisi

Haluatko tietää asioista ensimmäisten joukossa? Kun tilaat mediatiedotteemme, saat ne sähköpostiisi välittömästi julkaisuhetkellä. Tilauksen voit halutessasi perua milloin tahansa.

Lue lisää julkaisijalta Business Wire

The Valence Group Advises INEOS Enterprises on Its Acquisition of Ashland’s Composites Business and BDO Facility in Germany15.11.2018 18:19Tiedote

The Valence Group acted as financial advisor to INEOS Enterprises on its announced acquisition of the Composites business and BDO facility in Germany of Ashland Global Holdings Inc. (“Ashland”) for $1.1 billion. The transaction is expected to complete in the first half of 2019, subject to regulatory approval and consultation processes. The Composites business is a global leader in unsaturated polyester resins, vinyl ester resins and gel coats. In addition to its wide range of gelcoats, the business also provides corrosion-resistant fiberglass reinforced plastics which provide exceptional durability, superior heat resistance, low maintenance and high performance for challenging environments. The BDO facility in Marl, Germany produces key intermediates for high performance polyesters and polyurethanes. The businesses included in the transaction comprise 20 manufacturing sites in Europe, North and South America, Asia and the Middle East, employ 1,300 people and generate combined sales of

Andersen Global Adds Tax & Legal Services in Argentina15.11.2018 17:30Tiedote

Andersen Global announced today it signed a Collaboration Agreement with Goldemberg Saladino Hermida Rolando & Asociados, in Buenos Aires. This is the second Andersen Global collaborating firm in the commerce hub of Buenos Aires, and the 20th location in nine different Latin American countries. For thirty years, the team at Goldemberg Saladino Hermida Rolando & Asociados has provided tax consulting and compliance, international tax planning, transfer pricing, tax and customs litigation, payroll, bookkeeping, wealth management services, financial and business consulting to high-profile private and public entities, including local, national and international corporations and non-profits, foundations and similar organizations. The firm joins the global association with over 100 personnel and eight Partners. “The addition of Goldemberg Saladino Hermida Rolando & Asociados only further strengthens an impressive roster for the Andersen name in Latin America,” said Mark Vorsatz, Andersen Glob

Axonics® Granted Seven U.S. Utility Patents Related to its Implantable Sacral Neuromodulation Technology15.11.2018 17:00Tiedote

Axonics Modulation Technologies, Inc., (NASDAQ: AXNX) developer of the first rechargeable Sacral Neuromodulation (r-SNM™) system for the treatment of urinary and bowel dysfunction, announced today that the United States Patent and Trademark Office has issued Axonics seven U.S. utility patents in 2018, along with numerous foreign counterparts relating to its implantable Sacral Neuromodulation technology. The U.S. patents issued range in subject matter and include coverage of the Axonics clinician programmer, patient remote control, and internal system electronics. The issued U.S. patents are: 10,029,090; 9,855,436; 10,092,762; 9,855,423; 9,895,546; 10,105,542; 9,925,381. “Axonics is committed to rapidly bringing innovative technology to market in order to serve the unmet needs of the millions of patients suffering from urinary and bowel dysfunction and the healthcare providers who serve them. We believe that the continued growth of our patent portfolio demonstrates how serious we are in

Attention Business Leaders: These Six Trends Will Impact Your 2019 Digital Transformation Journey15.11.2018 17:00Tiedote

Digital moonshots, apps at the edge and information enlightenment will be among the enterprise digital trends to watch in 2019, according to new predictions by DXC Technology (NYSE: DXC), the world’s leading independent, end-to-end IT services company. The company today laid out six predictions that will define the IT shifts organizations will need to think about to drive their digital strategies next year. “Business transformation is accelerating as enterprises make big bets on digital strategy to gain operational efficiencies, invent new markets, redesign customer experiences and achieve savings they can reinvest to fund a digital future,” said Dan Hushon, senior vice president and chief technology officer, DXC Technology. “Enterprise leaders should examine how these six trends will shape their digital journey so they can get it right, learn fast and execute forward in 2019.” Hushon identified six digital trends that will accelerate business transformation in 2019: 1) Enterprises go

A-Nex Launches Initial Coin Offering (ICO) Showcasing Unhackable Cryptocurrency Technology for Internet Security15.11.2018 17:00Tiedote

A-Nex, a cyber coin company, announces its initial coin offering (ICO) today. This innovative crypto enterprise is designed for the sale and exchange of virtual currencies, smart contracts and tokens. Non-US crypto-enthusiasts, particularly the community in Korea, will be able to start their transactions immediately. Those who wish to participate will be able to invest in a new, digital advancement that is expected to grow and to provide numerous benefits for the crypto economy. It promises to revolutionize the decentralized financial landscape. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20181115005017/en/ Bruce Khavar, Founder and CEO, of Cyber Advanced Technology (Photo: Business Wire) The company providing its technology, Cyber Advanced Technology (CAT), is one of the leaders of the digital scene. They have invented an unhackable cloud technology that will keep the cryptobusiness secure and well-protected. Investor’s mo

This Fall PotNetwork Holdings, Inc. Will Launch The “PotNetwork Magazine” Giving You an Insider’s Take on The Cannabis Industry15.11.2018 16:00Tiedote

PotNetwork Holdings’ “PotNetwork News” (www.potnetwork.com), the cannabis industry’s top outlet for financial, political, and industry news is set to launch the first edition of their all-new print magazine. PotNetwork Magazine gives the crack PotNetwork editorial team an opportunity to provide an unparalleled analysis of the untold stories of the cannabis space, while still channeling the unbiased, hard hitting style that has made PotNetwork.com such a sensation. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20181115005318/en/ PotNetwork Magazine (Photo: Business Wire) PotNetwork Magazine will explore every sector of the cannabis industry from ancillary companies all the way up to growers who directly touch the plant. It will become an indispensable resource for industry leaders and budding entrepreneurs alike. The magazine will include detailed analysis of topics including hemp products, consumption devices, investing & fin

Uutishuoneessa voit lukea tiedotteitamme ja muuta julkaisemaamme materiaalia. Löydät sieltä niin yhteyshenkilöidemme tiedot kuin vapaasti julkaistavissa olevia kuvia ja videoita. Uutishuoneessa voit nähdä myös sosiaalisen median sisältöjä. Kaikki STT Infossa julkaistu materiaali on vapaasti median käytettävissä.

Tutustu uutishuoneeseemme