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 Headquarters inYaesu,Chuo, Tokyo | |
Native name | 三井化学株式会社 |
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| Company type | Public (K.K) |
| TYO:4183 Nikkei 225 Component | |
| ISIN | JP3888300005 |
| Industry | Chemicals |
| Predecessor | Mitsui Petrochemicals Industries Mitsui Toatsu Chemicals |
| Founded | October 1, 1997; 28 years ago (1997-10-01) |
| Headquarters | Shiodome City Center, Higashi-Shimbashi,Minato-ku, Tokyo 105-7122 ,Japan |
Area served | Worldwide |
Key people | Tsutomu Tannowa (President andCEO) |
| Products |
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| Revenue | JPY 1,343 billion (FY 2015) (US$ 11.9 billion) (FY 2015) |
| JPY 22.9 billion (FY 2015) (US$ 203 million) (FY 2015) | |
Number of employees | 13,447 (consolidated as of March 31, 2016) |
| Website | Official website |
| Footnotes / references [1][2] | |
Mitsui Chemicals (三井化学株式会社,Mitsui-Kagaku Kabushiki-gaisha) is a Japanesechemicals company listed on theNikkei with business interests in Japan, Europe, China, Southeast Asia and the USA. It is one of the leading chemical companies in Japan and is part of theMitsui conglomerate.[3] The company mainly deals in performance materials, petrochemicals and basic chemicals and functional polymeric materials.
Mitsui Chemicals of the Mitsui group emerged in 1968 with the merger of Toyo Koatsu and Mitsui Chemical Industry.[4] The former was established in 1933 and was mainly engaged in the manufacture of fertilizers while the latter was founded in 1941 and produced dyes and organic intermediates.[4] The new entity focused in the production of four product lines: fertilizers; basic products (methanol, formaldehyde, phenol, aniline, bisphenol A, TDI, MDI, and melamine); polymers; and, fine chemicals.[4]
With the growth of opportunities in India, Mitsui Chemicals has decided to establish[when?] its firstpolypropylene compounding plant in India at 'Japanese Investment park' Neemrana phase III. The unit being set up will be the manufacturing base of Mitsui Chemicals Group in India in which Mitsui Chemicals holds 80% equity and 20% equity is with another subsidiary, Prime Polymers Company of Japan.
In February 2021, the company stopped operations in theirIchihara petrochemical complex in east Japan'sChiba prefecture to carry out safety inspections after an earthquake hit northeast Japan'sFukushima prefecture.[5]
Mitsui makes a wide range of chemicals, lubricants, and resins. One of the technologies owned by Mitsui Chemicals is the Hypol II process, which uses a miniature loop reactor to prepolymerize catalyst.[6][7]
In the consumer space, they are known for MR Lenses,[8] ahigh refractive index (1.74)corrective lens used in consumer eyeglasses. MR Lenses are used by large direct-to-consumer manufactures, includingZenni Optical.
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