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Organization Restructuring Effective October 2, 2023

2023.09.01

Mitsui Chemicals, Inc.

Mitsui Chemicals, Inc. (Tokyo: 4183; President & CEO: HASHIMOTO Osamu) hereby announces reorganization on October 2, 2023, due to Mitsui Chemicals will jointly establish Mitsui Chemicals Asahi Life Materials Co., Ltd. with Asahi Kasei Corporation (Tokyo: 3407; President: KUDO Koshiro) for the two companies’ nonwovens businesses.

1. Details of reorganization

In conjunction with the establishment of the new company, Nonwovens Division under
Life & Healthcare Solutions Business Sector will be closed.
Synthetic Pulp Department of Nonwovens Division under Life & Healthcare
Solutions Business Sector will be transferred to Personal Care Materials Division
under Life & Healthcare Solutions Business Sector.

2. Organization chart

Refer to Annex 1: Division-level organizations and above

3. Effective Date

October 2, 2023

The organization chart of Mitsui Chemicals, Inc. (before the reorganization, until October 1, 2023)

The organization chart of Mitsui Chemicals, Inc. (after the reorganization, as of October 2, 2023)

Reference：Mitsui Chemicals, Asahi Kasei to Perform Joint Incorporation-Type Demerger for Nonwovens Businesses

Organization Restructuring Effective October 2, 2023(PDF : 63.6KB)

Refer to Annex 1: Division-level organizations and above(PDF : 99.7KB)