Mitsui Chemicals will exit the nitrogen trifluoride (NF3) business by end-2026, ceasing production at its Shimonoseki subsidiary in March.
The move aligns with its VISION 2030 plan to shift toward global specialty and green chemicals.
Intense price competition, rising input costs, and limited profitability drove the decision despite cost-cutting efforts.
The move aligns with its VISION 2030 plan to shift toward global specialty and green chemicals.
Intense price competition, rising input costs, and limited profitability drove the decision despite cost-cutting efforts.
