Sponsored By

Mitsui Chemicals announces PP auto grade expansions in U.S., Mexico

Japan's Mitsui Chemicals and polyolefin supplier Prime Polymer, a Mitsui Chemicals subsidiary, have announced a 21,000-tonnes/yr expansion of polypropylene (PP) compound production capacity at their U.S. subsidiary Advanced Composites Inc. as well as a 13,000-tonnes/yr expansion in Mexico at subsidiary Advanced Composites Mexicana S.A. de C.V to the meet growing demands of the automotive sector.

PlasticsToday Staff

November 8, 2013

1 Min Read
Mitsui Chemicals announces PP auto grade expansions in U.S., Mexico

Japan's Mitsui Chemicals and polyolefin supplier Prime Polymer, a Mitsui Chemicals subsidiary, have announced a 21,000-tonnes/yr expansion of polypropylene (PP) compound production capacity at their U.S. subsidiary Advanced Composites Inc. as well as a 13,000-tonnes/yr expansion in Mexico at subsidiary Advanced Composites Mexicana S.A. de C.V to the meet growing demands of the automotive sector.

mc-Na.jpg

Mitsui Chemicals subsidiary Advanced Composites Ohio Factory.

This announcement follows on from previously-announced expansions that were implemented in the third quarter of 2013. Advanced Composites boosted capacity by 14,000 tonnes/yr in Q3 of 2013 and the upcoming expansion will take overall capacity to 289,000 tonnes/yr by the fourth quarter of 2014. Similarly, Advanced Composites Mexicana's capacity was boosted by 25,000 tonnes/yr in Q3 of 2013 while the current announcement will see overall capacity rise to 83,000 tonnes/yr, also by Q4 of 2014.

Although the North American automotive industry was negatively impacted by the Global Financial Crisis, the market has returned to normalcy with forecasts of significant growth in the future according to Mitsui Chemicals.

"The planned augmentation will strengthen Mitsui Chemicals' current top class position in the North American market and thereby make it better able to contribute to global strategies of automobile manufacturers," says Akio Ayukawa, Managing Executive Officer at Mitsui Chemicals. "In addition, by reinforcing R&D functions at strategic sites, Mitsui Chemicals will strengthen its ability to support diverse local market strategies of automobile manufacturers," he adds.

Sign up for the PlasticsToday NewsFeed newsletter.

You May Also Like