Envisaging the Future Through R&D: A Future that Only Mitsui Chemicals Can Envision

The Importance of Remembering Our Origins and Continuing to Take On New Challenges for the Future

Remember our origins — this does not mean being stuck in, or clinging to, our past. When you consider matters, such as whether or not you have forgotten your dreams and hopes, or whether or not you are taking the right path, I believe your origins will always enlighten you.

Through the over 100-year history of Mitsui Chemicals, from our beginnings in coal chemicals operations, we have contributed a great many things to society. At the time of our establishment, we responded to the food problems by developing and manufacturing raw materials for fertilizers. We played a part in the preservation of the indigo culture through the development of indigo dyes. We have also widely contributed to the foundation and advancement of Japan's chemical industry by constructing petrochemical complex from the mid 20th century onward. As globalization advances, we continue to take on new challenges.

Technical innovation continues around the globe, rooted in the many increasingly complex challenges and needs of modern society, and will steadily make people’s visions become reality. The power of chemistry is essential for making dreams come true, and it has infinite potential. With confidence in this, we must continue to think about the things that Mitsui Chemicals can do to contribute to society.

Once again, we would like to think about the depths of the history that Mitsui Chemicals has been through, and also the many difficulties our predecessors overcame and the dreams that they envisioned. With these in mind, we will continue to take on new challenges and be the Mitsui Chemicals that contributes to society through our comprehensive strengths in chemistry.

R&D to Pave the Way for a Better Future

Without a doubt, our R&D missions lie in how we leverage the infinite potential of chemistry, and how we pave the way for a better future using this potential. With Mitsui Chemicals' core technologies of Polymer Science, Material Science, and Manufacturing Process Technology as our foundation, we pursue our targets: accelerating the cultivation of our Communication & Design Strategy and further strengthening our ability to create new themes and businesses. And yet, we must remember our origins. Ascertaining market needs, future trends, and the many hardships borne by customers precisely and as quickly as possible enables us to identify the directions we must travel towards our goal of contributing to society.

Moreover, regarding the new global trends of ESG and the SDGs, we will consider the roles we must play, as a company and a chemical manufacturer, from a long-term perspective, and will take many approaches for technical innovation, including cooperation with industries, governments, and academia and open innovation with new ventures. In this era, where it is increasingly important to take on challenges in domains which cannot be addressed within the framework of existing businesses, I believe it is crucial to always improve and strengthen the technologies and platforms that we own, and at the same time take initiatives leveraging backcasting from a perspective that takes the future into account.

Mitsui Chemicals' VISION 2025 defines its ideal future society as embodying a cohesive society in harmony with the environment, health and happiness in an aging society, and industrial platforms in harmony with local communities.

We will continue our efforts while integrating all the energy of our R&D to achieve further growth, as a company that leverages our technological prowess to innovate, and actualizes contributions to society as our ability to innovate is recognized.