Asahi Kasei, Mitsui Chemicals and Mitsubishi Chemical will advance talks on integrating ethylene production in western Japan through a joint operating entity.
The proposed equity ratio is 45 per cent each for Mitsui Chemicals and Mitsubishi Chemical, and 10 per cent for Asahi Kasei.
The initiative aims to decarbonise and optimise production, consolidate operations by 2030.
The proposed equity ratio is 45 per cent each for Mitsui Chemicals and Mitsubishi Chemical, and 10 per cent for Asahi Kasei.
The initiative aims to decarbonise and optimise production, consolidate operations by 2030.