Mitsui Chemicals and Prime Polymer announced that the expansion of production capacities has been completed and started up.
Tokyo/Japan — The measures are intended to strengthen the Group’s position in growth markets, at three of its global PP compound hubs — United States, Mexico, and India — in response to growing demand for automotive use polypropylene. According to the company, the demand for lighter weight automobile parts, such as bumpers and instrument panels, is expected to grow.
The Group has opened eight global production sites (Japan, USA, Mexico, Europe, Thailand, China, India, and Brazil) and R&D facilities within five areas (Japan, USA, Europe, Thailand, and China) for automotive use polypropylene (PP) and has continued to enhance its production system for premium-quality products.
The Group has been strengthening its production capacity in North America, Europe, and Asia bringing the production capacity to 1.05 million tons.