Mitsui Chemicals : Startup of Evolue™ Plant in Singapore
August 24, 2016 at 10:19 pm EDT
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Prime Polymer Co., Ltd. (President: Takeshi Kaide), a joint venture of Mitsui Chemicals, Inc. (65%) and Idemitsu Kosan Co., Ltd. (35%), announced the full-scale production startup for its metallocene-based polymer 'Evolue™' at the new plant of its Singapore subsidiary, Prime Evolue Singapore Pte. Ltd. (President: Naoshi Hamada; 'EVLS'), a joint venture of Prime Polymer (80%) and Mitsui & Co., Ltd. (20%).
Facility outline
Product
Metallocene-based polymer ' Evolue™ '
Location
Jurong, Republic of Singapore
Capacity
300,000 tons / annum
Technology
Cascade gas phase reactor system, using the metallocene catalyst licensed by Mitsui Chemicals, Inc.
Product Uses
High-performance sealants for food packaging, etc.
Evolue™ boasts impressive strength, airtightness, and heat sealability, in addition to low odor and low fish-eye. Demand for this performance-driven sealant material used in liquid and powder packaging is expected to continue to rapidly grow in Asia. Together with the current Evolue™ plant at the Ichihara Works, the new plant will bring the Group's annual production capacity to 550,000 tons.
This significant increase in production volume will solidify the Group's position as the top provider in Asia, including Japan. The Group will continue to strengthen and expand its Evolue™ business while contributing to the development of Singapore's chemical industry full-scale local production efforts.
Company outline
Prime Evolue Singapore Pte. Ltd.
(1) Establishment: October 2012
(2) Capital: $115 million
(3) Ratio: Prime Polymer 80%, Mitsui & Co. 20%
(4) Business: Production and sales of metallocene-based polymer Evolue™
Attachment
Startup of Evolue™ Plant in Singapore ~Expanding Asian Share of High-Performance Sealant Material by State-of-the-Art Production Facilities~ (PDF : 152.8KB)
Mitsui Chemicals Inc. published this content on 25 August 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 25 August 2016 02:19:02 UTC.
Original documenthttp://www.mitsuichem.com/release/2016/160825.htm
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Mitsui Chemicals, Inc. specializes in the manufacture and marketing of chemicals products. Net sales break down by product family as follows:
- basic chemicals and fine chemicals products (48.8%): polypropylene, polyethylene, phenols, polyolefins, polyurethane, etc.;
- performance chemicals products (25.5%): elastomers, urethane, polymers, etc. intended in particular for the automotive industry;
- coating materials, films and agrochemicals (14.6%): resins, adhesives, polypropylene films, polyethylene films, industrial films, agrochemicals (insecticides, fungicides, herbicides, etc.) for the food and packaging sectors;
- specialty materials (10.2%): ophthalmic lens materials, photochromic materials, non-woven fibers, dental products, etc. dedicated to the medical and healthcare industry;
- other (0.9%).
Net sales are distributed geographically as follows: Japan (52.2%), China (14.5%), Asia (13.6%), America (11.8%), Europe (7.3%) and other (0.6%).