Food & Packaging Business Sector

日本語 English

In addition to the ongoing need to boost food production, reduce food loss, and the like, there is a societal demand for products and services that meet the needs of reducing environmental impact, particularly in packaging materials. We will leverage the strengths of the Mitsui Chemicals Group to help solve these challenges faced by society.

SHIMOGORI Takayoshi
Member of the Board,
Senior Managing Executive Officer
Business Sector President,
Food & Packaging Business Sector
Basic information Business overview & Strategies

Fiscal 2019 Business Overview

Sales by product

Sales by product

Sales by region

Sales by region

Trends in net sales and operating income (¥ bn)

Trends in net sales and operating income (¥ bn)

*FY2020 forecasts on an IFRS basis.

Fiscal 2025 target

Operating income of ¥40bn + new businesses

As well as further strengthening the local production and sales systems we have steadily built to tap into overseas growth markets, we aim to expand our business by providing products and services that meet the needs of reducing environmental impact. In addition, to achieve sustainable growth, we will continue to transform our product portfolio by bolstering our business platforms and creating new products and businesses.

Growth strategies

  • In agrochemicals, we will continue to expand overseas businesses with strong growth prospects and strengthen agrochemical-related areas where demand potential is expected to rise up ahead.
  • In coating & engineering materials, we will expand our overseas businesses centering on environmentally friendly products and high-performance products.
  • In performance films & sheets, we will maintain and expand our market share in ICT fields in areas such as semiconductors and electronic components, and strengthen our business by expanding our lineup of packaging films that meet the needs of reducing environmental impact.

Investment strategies

  • In agrochemicals, we will continue to expand our production platform for mainstay active ingredients and next generation active ingredients, in which we see growth potential up ahead.
  • In coating & engineering materials, we will consider focusing investments on environmentally friendly products and high-performance products.
  • In performance films & sheets, we will consider capital investments in environmentally friendly products and ICT-related products.

Performance films & sheets (Packaging films field)
Expansion of packaging materials in Asia and providing comprehensive solutions

The packaging materials market in Asia has considerable growth potential thanks to rising living standards and the development of the region as a food processing and export hub. The Group has a lead on our rivals with production sites in Asia for packaging materials like T.U.X™ , a high-performance sealant film, EVOLUE™, a metallocene LLDPE which is used as a raw material in the former’s production, and packaging adhesives TAKENATE™, TAKELAC™, and ADMER™. In addition, we established a Center of Excellence (CoE) Office in fiscal 2020 to lead cross-organizational and global efforts for information gathering, strategizing, and business development. By providing speedy, optimal solutions to customers with this new system, we will contribute to solving environmental issues and improving convenience.

TOPICS - A new material sheet that adapts to the body HUMOFIT™

HUMOFIT™, a shape memory sheet for which market development began in May 2020, is a new material that senses temperature and conforms to the contours of the human body. Using the glass transition temperature of 28°C (the temperature at which polymers undergo dramatic softening), which sits between room temperature and the temperature of the human body, the sheet reacts with the warmth of the body to give a swift and comfortable fit to the skin. Its properties such as shape memory and high stretchability are also expected to make it a material suited to growing demand for devices that attach to the body, such as in wearables, VR, AR, eSports, and medical IoT applications.

HUMOFIT™

Performance films & sheets (Industrial films and sheets field)
Strengths of ICROS™ Tape and further business expansion

ICROS™ Tape is a surface protection tape used during silicon wafer backgrinding in the post-fabrication process for semiconductors. Of the major competitive manufacturers of this kind of tape, we are the only company that manufactures and processes resins, and we possess the largest share of the global market because we differentiate ourselves with resin design and film forming technologies.

Completion of new plant in Taiwan

Amid expanding demand for semiconductors on the back of 5G, IoT, and other technological innovations, in 2019 we completed construction of a new plant in Taiwan, where the demand is stronger than anywhere else in the world. This has increased our supply capacity for ICROS™ Tape by 50%. By building a stable supply system, we aim to further expand business.

Completion of new plant in Taiwan

What is ICROS™ Tape?

What is ICROS™ Tape?

Global share of ICROS™ Tape

Global share of ICROS™ Tape

Agrochemicals
High-performance agrochemicals to help ensure stable food supply

Agricultural production will likely continue to expand over the medium- to long-term due to growing demand for produce, driven by global population increase and economic development in emerging countries. In order to expand agrochemical products that boost crop yields into markets around the globe, Mitsui Chemicals Agro, Inc. is working to strengthen its overseas business platforms.
For the insecticide dinotefuran and other existing active ingredients, the company is working closely with its global and local partners to develop products that meet market needs, thereby accelerating registration and market launch in more countries. In fiscal 2019, dinotefuran, which has demonstrated superior efficacy against major pests, was registered as an agrochemical in Brazil, the world’s largest agrochemicals market. Given high expectations among local farmers, we are working to further expand its sales. For next generation active ingredients, we are making preparations to bring to market products containing the herbicide CYRA™ as the active ingredient.
Mitsui Chemicals Agro, Inc. possesses advanced agrochemical discovery technologies backed by a long track record of molecular design, organic synthesis, and biological evaluation. As it continues to discover highly unique active ingredients and develop agrochemical products, the company will help to enhance comfort in people’s lives by improving crop yields, extending life expectancies by preventing infectious diseases, and improving housing amenity.

TOPICS - Toward full-scale expansion of next generation agrochemical active ingredient TENEBENAL™

TENEBENAL™ (name of substance: broflanilide) is an insecticide developed by Mitsui Chemicals Agro, Inc. with a novel mode of action, and global market development is progressing in partnership with BASF SE. It will contribute to controlling agricultural pests, termites, and mosquitoes which develop pesticide resistance.
We began overseas sales of agrochemicals containing TENEBENAL™ as the active ingredient in 2019, and will expand agrochemical registration to more countries. Also in 2019, we started sales of termite-proofing products in the Japanese market. In disease prevention applications, as part of a joint initiative to eradicate malaria with the support of the Bill & Melinda Gates Foundation and the Innovative Vector Control Consortium, TENEBENAL™ is expected to demonstrate efficacy against malaria-carrying mosquitoes that show chemical resistance, and we plan to carry out large-scale trials.
Through full-scale expansion of TENEBENAL™, Mitsui Chemicals Agro, Inc. will contribute to improving global food production and living environment.

Toward full-scale expansion of next generation agrochemical active ingredient TENEBENAL™
ZERO by 40
Innovative Vector Control Consortium

Coating & engineering materials
Extensive lineup of products and a broad range of applications

To better meet the varied needs of consumers, we are expanding our lineup of coating and engineering materials and developing a wide range of applications for these products. This lineup includes TAKENATE™, TAKELAC™, and CHEMIPEARL™, all of which are used in applications such as paints for cars and plastics and in packaging materials. In packaging materials, to respond to growing worldwide needs to address environmental issues, we are actively pursuing global expansion of water-based heat-sealant materials and barrier coating materials. For coating and other applications, we are developing derivatives that incorporate FORTIMO™ and STABiO™, novel isocyanates which we were the first in the world to develop, and meta-xylene diisocyanate (XDI), a specialty isocyanate which enjoys wide market recognition as a high-performance product. All our products create new customer value and are expected to help strengthen and expand the coating & engineering materials business.

Coatings

Example:
Car paint

Coatings

Adhesives

Example:
Packaging materials

Adhesives

Sealants

Example:
Sealing materials for construction

Sealants

Elastomers

Example:
Injection-molded items

Elastomers

TOPICS - STABiO™ receives Incentive Award at the 19th GSC Awards

With STABiO™, we have developed the world’s first bio-based isocyanate PDI™ and created a polyisocyanate hardener using this. In recognition of the product’s high reactivity and rapid curing at a level not found with conventional polyurethane materials, we received an Incentive Award as part of the 19th GSC Awards* run by The Japan Association for Chemical Innovation. STABiO™ is used in paints for cars and plastics and in adhesive products, as it provides chemical resistance, abrasion resistance, and gloss. Its high reactivity allows for curing at lower temperatures and in shorter times, leading to increased energy efficiency. Being bio-based, the material also helps to reduce environmental footprint. Development is now advancing for new applications that require materials with new textures, including a resin product that is lightweight but strong and transparent, as well as a gel with unique softness.

*The awards acknowledge individuals and organizations who have made excellent contributions to the pursuit of green and sustainable chemistry (GSC).

STABiO™ receives Incentive Award at the 19th GSC Awards

Pursuing new textures using STABiO™ through collaboration with designers

TORCH/STABiO™ × PIEZOLA™

With just a gentle squeeze, TORCH emits a warm, soft light from within its transparent case. A piezoelectric line and a flex PCB made by Elephantech Inc. are contained within STABiO™, which is transparent and can be freely adjusted for hardness. Rather than having a traditional on/off switch, this innovative new product uses the material itself as the interface.

TORCH/STABiO™ × PIEZOLA™

Air cushion LACE

LACE is an air cushion using STABiO™ that was born from collaboration with design studio YOY. Utilizing the special properties of STABiO™, polyurethane, which is normally used as a stuffing material inside a cushion, is highlighted as an outer material in this work. A combination of material, structure, and design has enabled the creation of this “air-through” cushion.

Photography: Yasuko Furukawa
Photography: Yasuko Furukawa
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