TOKYO--(BUSINESS WIRE)--
Mitsui Chemicals, Inc. (TOKYO:4183)(President & CEO: Tsutomu Tannowa) has decided to set up a new production facility for long glass fiber reinforced polypropylene (LGFPP) at Chinese manufacturing subsidiary Mitsui Advanced Composites (Zhongshan) Co, Ltd. (President: Yasuhiro Niki).
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New facility site at Mitsui Advanced Composites (Zhongshan) Co., Ltd. (Photo: Business Wire)
This will become Mitsui Chemicals’ third manufacturing base for LGFPP, joining existing bases in Japan and the U.S. By establishing this new facility, Mitsui Chemicals’ production capacity for LGFPP will increase to 10,500 tons per year.
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Overview of the New Production Facility |
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| 1. Product | Long glass fiber reinforced polypropylene (LGFPP) | |
| 2. Location |
Mitsui Advanced Composites (Zhongshan) Co., Ltd. |
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| 3. Capacity | 3,500 tons/year | |
| 4. Schedule (tentative) |
Completion in February 2020 |
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Developed by Prime Polymer Co., Ltd., Mitsui Chemicals’ LGFPP is a
composite material made by melting and mixing polypropylene (PP) resin
with long glass fibers.
The lightweight material offers an
attractive appearance, with long glass fibers providing a good balance
between hardness and impact resistance. The material is already being
adopted in areas such as the unpainted insides of rear car doors.
The
recent strengthening of environmental regulations and a shift toward
electric vehicles have led to increasing needs for automotive
lightweighting.
As a result, demand is on the rise for
fiber-reinforced resins and is expected to grow further for such
materials able to substitute for metal such as car doors and other such
parts. (Mitsui Chemicals certifies LGFPP as Blue ValueTM
product according to the high environmental contribution value.)
Mitsui Chemicals aims to achieve further business expansion in mobility, a key sector for the company, by continuing to correctly gauge global growth in demand.
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Mitsui Advanced Composites (Zhongshan) Co., Ltd. |
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| 1. Established | April 2004 | |
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2. Capital and Stakes |
US$15.31 million |
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3. Chairman President |
Yasuhiro Niki |
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4. Head Office and Plant |
18 Haojiang Road, Zhongshan Torch Hi-Tech Industrial Development Zone, Zhongshan, Guangdong Province, China | |
| 5. Business | Manufacture and sale of polypropylene compound | |
Blue Value
To create “a cohesive society in harmony with the environment", Mitsui
Chemicals Group makes the contributions of its products and services
more visible to share that value with stakeholders. We assess products
and services with separate metrics according to their usage and award
Blue ValueTM certification to those that have high value in
making an environmental contribution.
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