Issue 10/2020 - Mitsui Chemicals Increases Production of Cyclic Olefin Copolymers

Mitsui Chemicals has increased production of cyclic olefin copolymer
Mitsui Chemicals recently announced that it will increase production of cyclic olefin copolymer APEL
to meet growing market demand.
To this end, the company will build a new production line at its Osaka plant, which is expected to be completed
in March 2022.
At that time, Mitsui Chemicals will increase its APEL production capacity by 50%.


APEL is a cyclic olefin copolymer product developed by Mitsui Chemicals and is mainly used for camera multi-viewing in
smartphones.
In recent years, the market demand for this product has grown
dramatically.
To this end, Mitsui Chemicals has decided to increase APEL production to establish a stable supply system and further expand its business related to
automotive cameras, head-mounted displays, and medical applications.
Mitsui Chemicals said that it will position its ICT functional polymer business, including APEL, as a growth area
.