is a Japanese
chemical
A chemical substance is a unique form of matter with constant chemical composition and characteristic properties. Chemical substances may take the form of a single element or chemical compounds. If two or more chemical substances can be combin ...
s company listed on the
Nikkei with business interests in Japan, Europe, China, Southeast Asia and the USA. It is one of the leading chemical companies in Japan and is part of the
Mitsui
is a Japanese corporate group and '' keiretsu'' that traces its roots to the ''zaibatsu'' groups that were dissolved after World War II. Unlike the ''zaibatsu'' of the pre-war period, there is no controlling company with regulatory power. Ins ...
conglomerate. The company mainly deals in performance materials, petrochemicals and basic chemicals and functional polymeric materials.
History
Mitsui Chemicals of the Mitsui group emerged in 1968 with the merger of Toyo Koatsu and Mitsui Chemical Industry.
The former was established in 1933 and was mainly engaged in the manufacture of fertilizers while the latter was founded in 1941 and produced dyes and organic intermediates.
The new entity focused in the production of four product lines: fertilizers; basic products (methanol, formaldehyde, phenol, aniline, bisphenol A, TDI, MDI, and melamine); polymers; and, fine chemicals.
With the growth of opportunities in India, Mitsui Chemicals has decided to establish its first
polypropylene
Polypropylene (PP), also known as polypropene, is a thermoplastic polymer used in a wide variety of applications. It is produced via chain-growth polymerization from the monomer Propene, propylene.
Polypropylene belongs to the group of polyolefin ...
compounding plant in India at 'Japanese Investment park' Neemrana phase III. The unit being set up will be the manufacturing base of Mitsui Chemicals Group in India in which Mitsui Chemicals holds 80% equity and 20% equity is with another subsidiary, Prime Polymers Company of Japan.
In February 2021, the company stopped operations in their
Ichihara petrochemical complex in east Japan's
Chiba prefecture
is a Prefectures of Japan, prefecture of Japan located in the Kantō region of Honshu. Chiba Prefecture has a population of 6,278,060 (1 June 2019) and has a geographic area of . Chiba Prefecture borders Ibaraki Prefecture to the north, Saitama ...
to carry out safety inspections after an earthquake hit northeast Japan's
Fukushima prefecture
is a Prefectures of Japan, prefecture of Japan located in the Tōhoku region of Honshu. Fukushima Prefecture has a population of 1,771,100 () and has a geographic area of . Fukushima Prefecture borders Miyagi Prefecture and Yamagata Prefecture ...
.
Products
Mitsui makes a wide range of chemicals, lubricants, and resins. One of the technologies owned by Mitsui Chemicals is the Hypol II process, which uses a miniature loop reactor to prepolymerize catalyst.
In the consumer space, they are known for MR Lenses,
a
high refractive index (1.74)
corrective lens
A corrective lens is a transmissive optical device that is worn on the eye to improve visual perception. The most common use is to treat refractive errors: myopia, hypermetropia, astigmatism, and presbyopia. Glasses or "spectacles" are w ...
used in consumer eyeglasses. MR Lenses are used by large direct-to-consumer manufactures, including
Zenni Optical.
References
External links
*
India Website
{{Authority control
Chemical companies based in Tokyo
Companies listed on the Tokyo Stock Exchange
Companies in the Nikkei 225
Chemical companies established in 1997
Japanese companies established in 1997
Japanese brands
Mitsui