01 July 2009 15:12 [Source: ICIS news]
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TOKYO (ICIS news)--Mitsui Prime Advanced Composites India started commercial production and business operations at its 15,000 tonne/year polypropylene (PP) compounding unit at Rajasthan, India, in June, parent company Mitsui Chemicals said in a statement on Wednesday.
The company is Mitsui Chemicals’ first-ever business in ?xml:namespace>
While global automobile sales temporarily declined sharply, triggered by the worldwide financial crisis in the latter half of 2008, sales were recovering in
Car makers, particularly in
As a result, there was demand for a new manufacturing base for PP used in automotive materials, Mitsui Chemicals said.
With the start-up of its new PP unit, Mitsui Chemicals now has six PP manufacturing bases for automotive materials across the globe, including in
Mitsui Chemicals’ PP business is operated by its Prime Polymer subsidiary, which is a 65:35 joint venture with Japanese refiner Idemitsu Kosan.
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