Mitsui Chemicals, Inc. (Tokyo; www.mitsuichem.com) held a groundbreaking ceremony for a new plant within the Ichihara Works (Ichihara City, Chiba) to manufacture hydrocarbon-based synthetic fluid marketed under the name Lucant. The new plant is expected to reach commercial operation in February 2021.
Lucant is a hydrocarbon-based, specialty synthetic fluid used primarily as a viscosity modifier. It is used in demanding applications, including automotive driveline, industrial lubricants and greases, and is the approved choice for leading OEMs and global oil marketers. Mitsui Chemicals was the first manufacturer to offer this unique synthetic fluid which boasts industry leading efficiency and durability.
This investment in additional Lucant capacity will allow Mitsui and its strategic partner, Lubrizol Additives Segment, a segment of The Lubrizol Corporation, to meet the evolving and demanding needs of Lubricant market, whilst becoming a more reliable and secure supply partner.