Mitsui Chemicals, Inc. (MCI; Toyko, Japan) and Prime Polymer Co., Ltd. (a join entity owned 65 percent by Mitsui Chemicals and 35 percent by Idemitsu Kosan Co., Ltd.) have launched operations at Mitsui Prime Advanced Composites Europe B.V. (ACE), a joint venture first established in June 2018 with Mitsui & Co., Ltd. Located within Chemelot Industrial Park in the Netherlands, ACE marks the Mitsui Chemicals Group’s first polypropylene (PP) compounding site in Europe.
Mitsui Chemicals Group aims to expand its business for PP compounds
By launching ACE, the Mitsui Chemicals Group is getting together an integrated European system for research, production and sales. This will allow the group to provide effective lightweighting solutions to automakers and auto parts manufacturers with European bases while also responding to global demand growth.
At present, the Mitsui Chemicals Group operates production sites in eight regions around the world (Japan, U.S., Mexico, Europe, Thailand, China, India, Brazil) and research sites in six regions (Japan, U.S., Europe, Thailand, China, India). The group is now moving to bolster its research, production and sales networks for high-quality PP compounds, which will contribute to lightweighting in the automotive sector.