19 articles
A Japanese consortium led by Mitsui Chemicals achieved an 85% ammonia co-firing rate in a naphtha cracking furnace, significantly reducing the carbon footprint of plastic production while maintaining
Mitsui Chemicals reported an 88.4% surge in core operating profit to 50.13 billion yen for Q1 FY2026/2027, driven by price hikes and naphtha inventory gains. All four segments improved, with basic mat
Three new M&A transactions were announced for the week ending June 15, down from six previously. Mitsui Chemicals led notable deals as year-to-date values rose despite volume declines compared to 2025
Asian petrochemical stocks surged after a US-Iran peace deal signaled the reopening of the Strait of Hormuz, easing feedstock shortages and lowering oil prices. Major firms like Mitsui Chemicals and L
Mitsui Chemicals plans to expand MR resin eyeglass lens production at its Omuta plant, with new equipment running by mid-2029. The move targets strong demand in China and the US, maintaining its globa
Mitsui Chemicals plans to expand production capacity for high refractive-index ophthalmic lens materials at its Omuta plant, with commercial operations starting in the first half of 2029. The move add
Mitsubishi Chemical Group plans to spin off its petrochemical business by fiscal 2027, merging operations with Mitsui Chemicals and Asahi Kasei while consolidating ethylene production capacity in Japa
Asahi Kasei, Mitsui Chemicals, and Mitsubishi Chemical have finalized the equity structure for their ethylene joint venture, with Mitsui and Mitsubishi each holding 45%. The agreement paves the way fo
Japanese chemical giants reported mixed 2025 fiscal results while pivoting from commodities to high-value materials. Asahi Kasei and Mitsui Chemicals saw profits rise on growth sectors, whereas Mitsub
Mitsui Chemicals' Basic & Green Materials unit reported a widened operating loss of ¥18.4 billion in FY2025 driven by weak demand and low plant rates. Restructuring measures aim to narrow losses to ¥3
Mitsui Chemicals, Idemitsu Kosan, and Sumitomo Chemical received approval from Japan's Fair Trade Commission to consolidate their polyolefin operations into a new joint venture, Premier Polymer, stren
Mitsui Chemicals expanded its ISCC PLUS-certified product line to 50 items at its Nagoya plant in Japan. This initiative supports sustainable supply chain standards for their chemical manufacturing op
Mitsubishi Chemical and Mitsui Chemicals reduced steam cracker runs in Japan, impacting ethylene production. This operational adjustment affects regional supply chains for key petrochemical feedstocks
Mitsui Chemicals pilots an AI agent for chemical literature review, cutting research time by 80%. This efficiency gain targets accelerated R&D workflows within the chemical industry.
Mitsui Chemicals reported declining profits and widened losses during the first nine months of the fiscal year, driven by lower prices and reduced sales in its basic and green materials segments.
Mitsui Chemicals expands Chiba Port operations to address driver shortages and reduce emissions, slashing greenhouse gas output and driver hours.
Asahi Kasei, Mitsui Chemicals, and Mitsubishi Chemical signed a basic agreement to form a joint venture consolidating two western Japan ethylene plants, reducing capacity while launching a decarboniza
Mitsui Chemicals launched a proprietary digital procurement platform to enhance supply chain risk management and disaster preparedness. The initiative aims to mitigate potential disruptions within the
Mitsui Chemicals' CEO announced strategic shifts to enhance competitiveness via business separation and growth investments amidst global and environmental challenges.
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