TAGS: Sustainability / Natural Adhesives
Mitsui Chemicals announces plans to bolster capacity at its Singapore-based wholly owned subsidiary Mitsui Elastomers Singapore PTE LTD by building a new plant to produce the high-performance elastomer TAFMER™.
TAFMER™ is used both as a soft molding material and as a resin modifier that dramatically improves resin properties.
Overview of New Project
Product: TAFMER™ high-performance elastomer
Plant site: Jurong Island, Singapore
Capacity: 120,000 tons/year (Capacity of existing facility: 225,000 tons/year)
Schedule: Scheduled for completion sometime in fiscal 2024
The flexibility and lightness have resulted in TAFMER™ being used across a wide range of fields, including solar cell components, packaging materials, engineering plastic modifiers, sports shoes and automotive parts.
As part of its new long-term business plan, VISION 2030, Mitsui Chemicals aims to help solve social challenges and achieve sustainable business growth by providing unique materials, features and services.
Demand for TAFMER™ is strong amid robust global economic growth and is expected to rise further on the back of efforts to achieve a circular economy and step up the introduction of clean energy. Via the supply of TAFMER™, which meets these needs, Mitsui Chemicals aims to become a global solutions company that leads change and contributes to the sustainable societies of the future.
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Source: Mitsui Chemicals