Mitsui Chemicals, Idemitsu Kosan, and Sumitomo Chemical have signed an MoU to integrate Prime Polymer’s polyolefin business with Sumitomo’s polypropylene and LLDPE businesses in Japan.
The move aims to tackle oversupply, boost competitiveness against imports, cut costs by ¥8 billion (~$54.27 million) annually, and drive development of high-performance, eco-friendly products for a sustainable future.
The move aims to tackle oversupply, boost competitiveness against imports, cut costs by ¥8 billion (~$54.27 million) annually, and drive development of high-performance, eco-friendly products for a sustainable future.
