TOKYO—Mitsui Chemicals Inc. is planning to expand production within its elastomers portfolio and is looking to North America as a possible site for expansion.
During a Nov. 15 conference call, company officials said Mitsui is planning to add new capacity for its Lucant and Tafmer rubber additives.
"Up to now, we have identified North America as a candidate location" for a new Lucant plant, company officials said on the conference call. They noted, however, that the firm also is looking at secondary options, given the high construction costs.
As for Tafmer, the company aims to increase production through debottlenecking of its existing facilities.
Lucant ethylene/α-olefin oligomers can be used as plasticizers, flexibilizers or processing aids for rubbers and elastomers. Tafmer is a low crystalline or amorphous α-olefin copolymer which can be used as a base material in flexible products.