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Mitsui Chemicals to Build New TAFMER™ Plant in Singapore

2022.08.30

Mitsui Chemicals, Inc.

Mitsui Chemicals, Inc. (Tokyo: 4183; President & CEO: HASHIMOTO Osamu) today announced plans to bolster capacity at its Singapore-based wholly owned subsidiary MITSUI ELASTOMERS SINGAPORE PTE LTD (MELS; President: NITTA Toshio) by building a new plant to produce the high-performance elastomer TAFMER™.

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Singapore TAFMER™ Existing manufacturing plant

Overview of new project

ProductTAFMER™ high-performance elastomer
Plant siteJurong Island, Singapore
Capacity120,000 tons/year 
(Capacity of existing facility: 225,000 tons/year)
ScheduleScheduled for completion sometime in fiscal 2024

As part of its new Long-Term Business Plan, VISION 2030, Mitsui Chemicals aims to help solve social challenges and achieve sustainable business growth by providing unique materials, features and services.

TAFMER™ is used both as a soft molding material and as a resin modifier that dramatically improves resin properties. Its flexibility and lightness have resulted in TAFMER™ being used across a wide range of fields, including solar cell components, packaging materials, engineering plastic modifiers, sports shoes and automotive parts.

Demand for TAFMER™ is strong amid robust global economic growth, and is expected to rise further on the back of efforts to achieve a circular economy and step up the introduction of clean energy. Via the supply of TAFMER™, which meets these needs, Mitsui Chemicals aims to become a global solutions company that leads change and contributes to the sustainable societies of the future.

Overview of MELS

Company nameMITSUI ELASTOMERS SINGAPORE PTE LTD
Head office3 HarbourFront Place #10-01 HarbourFront Tower 2
Singapore 099254, Singapore
EstablishedFebruary 7, 2001
CapitalUS$96.3 million (wholly owned by Mitsui Chemicals, Inc.)
Managing DirectorNITTA Toshio
BusinessManufacture and sale of elastomers, primarily TAFMER™