Mitsui Chemicals, Inc. will be building a new plant to produce the high-performance elastomer TAFMER™ at its Singapore-based wholly owned subsidiary Mitsui Elastomers Singapore Pte Ltd. As part of Mitsui Chemicals’ VISION 2030 Long-Term Business Plan, the mobility solutions business aims to help solve social challenges and achieve sustainable business growth by providing unique materials, features and services.
TAFMER™ is used both as a soft molding material and as a resin modifier that dramatically improves resin properties. Its 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.
The press release stated that demand for TAFMER™ is set to remain strong as the global economy grows, and is expected to rise further on the back of efforts to achieve a circular economy by stepping 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.
