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Investment

Mitsui expanding synthetic oils, elastomers

by Jean-François Tremblay
August 31, 2018 | APPEARED IN VOLUME 96, ISSUE 35

 

Mitsui Chemicals is expanding capacity in Japan and Singapore. On Jurong Island in the Southeast Asian city-state, the firm will boost by 10%, to 225,000 metric tons per year, production capacity for its Tafmer elastomer. The material is used as a resin modifier and soft-molding material in a variety of industries, including automotive and packaging. Separately, at its Ichihara plant in Japan, Mitsui will increase by 20,000 metric tons per year its production capacity for Lucant hydrocarbon-based synthetic oil. Lucant is used as a viscosity modifier in car drivelines, industrial lubricants, and greases.

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