Mitsui expands high performance elastomer production in Singapore

Mitsui expands high performance elastomer production in Singapore

7:12 AM, 30th August 2012
Mitsui expands high performance elastomer production in Singapore

TOKYO, JAPAN: Mitsui Chemicals Inc (MCI) has increased production of TAFMER, a high performance elastomer, at its wholly-owned subsidiary Mitsui Elastomers Singapore Pte Ltd (MELS) production facilities in Singapore. The company has increased production capacity to 8,000 tonne/year for specialty TAFMER, with an investment of approximately ¥2.5 billion. The expansion will be tentatively completed by October 2013.

Demand for TAFMER is forecasted to grow around the world and especially in Asia in line with economic growth and industrial advances. Use of specialty TAFMER as an enhancer of engineering plastics is expected to grow as production of lightweight vehicles increases around the world. To respond to these market needs, MCI decided to establish new production facilities in Singapore for specialty TAFMER in addition to current production facilities located in Japan.

The group continues to reinforce global logistics for its TAFMER business by establishing logistic hubs in North America and Europe. The current move will strengthen logistic functions at MELS through quality improvement of warehouse and logistic facilities in Singapore. Mitsui Chemicals and MELS actively target strengthening and expansion of cutting-edge, high performance TAFMER business through intensification of production, sales, technology and logistics.

© WOC News



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