Mitsui & Co. invests 2 billion to acquire carbon fiber project

Recently, Mitsui & Co.
announced that it will invest 11 billion yen to sign a cooperation agreement with Hexagon Composites, the world’s largest manufacturer of resin-lined carbon fiber reinforced pressure vessels.
After Mitsui & Co.
announced that it will reinvest in Hankuk Carbon Co.
, Ltd.
, a carbon fiber processing company in South Korea
.
??????? This time, Mitsui & Co.
will invest 2.
8 billion yen to acquire a 10% stake in the company
.
Hankuk Carbon Co.
, Ltd.
is a carbon fiber prepreg and composite material production and processing enterprise.
The company was established in 1984, with sales of 25 billion yen in 2015
.
??????? Hankuk Carbon Co.
, Ltd.
has unique advantages in low-cost carbon fiber processing, and will expand to the processing of carbon fiber composite materials such as aircraft and automobiles in the future
.
??????? At present, carbon fiber composite materials have high cost and low competitiveness in the application and popularization.
Mitsui & Co.
's investment this time is to expand the application market of carbon fiber composite materials by using the company's low-cost processing technology.

.
??????? Among the seven main areas of Mitsui & Co.
's proposed in the new mid-term business plan, the carbon fiber composite material business is a key area that spans resource materials and mobile tools
.
?????? In recent days, the trading company of Mitsui & Co.
has appeared in the carbon fiber field one after another.
Many people may know little about this Japanese trading company
.
Today I will introduce this Japanese general trading company in detail
.
??????? Mitsui & Co.
is the largest general trading company in Japan and the largest general trading company in the world
.
Since its establishment in 1876, it currently has more than 1,000 subsidiaries and 226 offices in 93 countries and regions in the world
.
??????? Mitsui & Co.
has six major business areas, namely metals, infrastructure, chemicals, energy, life industries, and the promotion of next-generation functions
.
The business scope includes domestic trade, import and export trade and re-export trade of steel, textiles, machinery, chemicals, energy, electronics and information, grain, oil and food, non-ferrous metals, light industrial building materials, etc.

.
??????? As the parent body of the Mitsui Consortium, Mitsui & Co.
, Ltd.
has cultivated many world-class companies.
There are a large number of Fortune 500 companies in the Mitsui Consortium system, including Toshiba, Toyota, Sony, Sumitomo Mitsui Banking Corporation, Merchant Marine Mitsui, Mitsui Shipbuilding, Ishikawajima Harima Heavy Industries, Mitsukoshi Department Store and other well-known companies
.
??????? The consortium's investment and equity participation in related companies extend to the world's top camps such as GM, Siemens, and Ericsson
.
??????? Mitsui & Co.
has always been a "low-key" company
.
In 2015, its total assets reached 101.
7 billion U.
S.
dollars
.
In the world, companies that Mitsui invests and shares in are almost ubiquitous, but the name of Mitsui is hardly seen in Mitsui's affiliated companies.
Mitsui is like a submarine-it lurks by your side, but you can't feel it.

.