Mitsui Chemicals Inc - Company Profile
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Business Description
Mitsui Chemicals Inc (Mitsui Chemicals) is a chemical company that offers petrochemicals, basic chemicals, functional polymeric materials, polyurethane, fabricated products and functional chemicals. Its product portfolio includes polyethylene, polypropylene, engineering materials, performance polymer products and semiconductor materials. These products find application in health care, mobility, food and packaging and basic material business sectors.
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R&D Overview
The company’s R&D activities are focused on developing new products in areas of global environment, resources, energy, and food. Mitsui Chemicals conducts R&D through its technologies including, precision medicine technology, polymer science and manufacturing process technology. It operates R&D four research laboratories and two R&D centers namely, Mobility Development Center and Mitsui Chemicals Singapore R&D Center and one Planning and Coordination Division in Japan and Singapore. The company focuses on the promotion of IP landscaping and DX of Intellectual Property to strengthen and expand the intellectual property management system; and use of AI in the transformation of the digital sector. In FY2023, the company spent JPY42,954 million towards its R&D activities, which accounted for 2.3% of total revenue. As of March 31, 2023, the company owns and operates over 4,000 patents, patent families in Japan and across the World.
Business Segments
Overview
Manufactures and markets petrochemicals, basic chemicals and polyurethane raw materials. It operates through Phenols division, PTA&PET division, Industrial Chemicals division, Petrochemical Feedstocks division and Licensing division. Offers petrochemical products such as ethylene, propylene, polyethylene, polypropylene, olefin polymerization catalysts; basic chemicals including acetone, phenol, bisphenol, isopropyl alcohol, methyl isobutyl ketone, pet resin, purified terephthalic acid, ethylene oxide, hydroquinone, meta/para-cresol, ammonia, urea, melamine, semiconductor gas.
Performance
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Overview
Manufactures and sells coatings and engineering materials, performance films and sheets and agrochemicals. Coatings and Engineering Materials division offers polyurethane resins, packaging adhesives, polyolefin resins, coating resins and sealants under brands including TAKENATE and TAKELAC. Offers agrochemicals such as insecticides, herbicides, fungicides, non-crop specialty chemicals and pet medication ingredients. Performance Films and Sheets division offers cast polypropylene films, low-density polyethylene films, semiconductor and electronic components manufacturing process films, foam sheets, encapsulant sheets under brands such as T.U.X, ICROS, TAPE. SOLAR ASCE and SOLAR EVA.
Performance
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Overview
Provides products such as light, strong, and easily processable optical plastic lens materials, dental materials, medical materials like taurine and highly functional nonwovens that are used in material for hygienic products. The segment classifies its operations into four divisions, namely, Vision Care Materials, Personal Care Materials, Nonwovens and Dental Materials. Vision Care Materials division provides ophthalmic lens materials, photochromic lens materials, highly-functional lens materials and lens coating materials under brands including MR, RAV7, SunSensors, UV+420cut and NeoContrast. Personal Care Materials division offers acrylamide, medical materials, bio chemicals, medical materials and home care materials. Nonwovens division offers nonwoven fabrics, breathable films, polyolefin synthetic pulp. These products are sold under the brand name SYNTEX, TAFNEL, AIRYFA, ESPOIR, SWP and KEMBESTO. Offers agrochemicals such as insecticides, herbicides, fungicides, non-crop specialty chemicals and pet medication ingredients.
Performance
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Overview
Manufactures and markets elastomers, performance compound, and performance polymers products. Elastomer division offers ethylene-propylene terpolymer, Polybutene-1, alpha- olefinic copolymer and ethylene-alpha-olefin co-oligomer under the brand name Mitsui EPT, BEAULON, TAFMER and LUCANT respectively. Performance Compound division offers thermoplastic olefinic elastomer, adhesive polyolefin, modified polyamide 6T, engineering plastics, thermoplastic polyimide, phenolic resin, and heat resistant polyester under the brand name MILASTOMER, ADMER, ARLEN, AURUM, MILEX and PROVEST respectively. Performance Polymers division offers methylpentene copolymer, ultrahigh molecular weight polyethylene, high self lubricating special polyolefin resin, ultrahigh molecular weight polyolefin powder, amorphous cycloolefin copolymer and semiconductor materials under the brand name TPX, HI-ZEX MILLION, LUBMER, MIPELON, APEL, Mitsui MP and Mitsui PELLICLE respectively.
Performance
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Performance
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Geographical Segments
Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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