Home / Knowledge / News / Textiles / MCC to strengthen polypropylene (PP) compound production
MCC to strengthen polypropylene (PP) compound production
03
Sep '08
Mitsubishi Chemical Corporation, through its subsidiary, Japan Polypropylene Corporation, has formed a business alliance agreement with Borealis AG (“Borealis”; Head office: Vienna, Austria; CEO: Mark Garrett), a leading supplier of innovative value creating plastics solutions, to strengthen polypropylene (PP) compound production and supply for the automotive industry in the US and Europe.

This agreement will enable both companies to meet global demands and enhance the competitiveness of customers through localized production and supply of high-quality and high-performance PP compound materials.

High-performance PP compound materials are widely used in the production of automotive components including bumper fascias, instrument panels, door trim panels, and other exterior and interior applications, to meet the manufacturing performance, weight-saving and fuel reduction qualities demanded by today's global automotive manufacturers.

In Europe, Borealis will use its proprietary BorstarR technology to produce high-performance specialty PP compounds in accordance with a recipe specified by Mitsubishi Chemical Europe GmbH, an overseas subsidiary of MCC, which is licensed by JPP. Therefore, the production and supply agreement for PP compounds in Europe has been signed by MCE and Borealis.

To the contrary, in the US, Mytex Polymers US Corporation (“MPUS”), a wholly-owned subsidiary of MCC through Japan Polychem Corporation will produce PP compounds in accordance with a recipe specified by Borealis Compounds, LLC (“BUS”), a wholly-owned subsidiary of Borealis. Therefore, the production and supply agreement for PP compounds in the US has been signed by MPUS and BUS.

Both MCC Group and Borealis Group are well established in the global automotive industry in several regions. MCC Group has PP compound production facilities in Japan, the US, China, Thailand (under construction), and India (under construction), and Borealis Group has PP compound production facilities in EU countries and Brazil (through joint ventures between Borealis and Braskem S.A.).

According to Masahiro Abe, JPP President, “The co-operation with Borealis will be on a long-term basis to further improve our ability to fulfill our customer's demand for PP and will consolidate our position as a global supplier to the European automotive sector”.

Mark Garrett, Borealis CEO states: “We are excited to be working with JPP in a way that brings us even closer to our international automotive customers. Automotive OEMs produce vehicles on global platforms. As material producers we must therefore have capacity to supply high-quality and high-performance PP compounds and provide best-in-class service to customers globally”.

MCC Group expects to further strengthen PP compound supply for automotive industry worldwide through this agreement.

Mitsubishi Chemical Corporation


Must ReadView All

Apparel/Garments | On 22nd Sep 2017

Govt announces new duty drawback rates for garments

The Government of India has today announced the new duty drawback...

Courtesy: ITMA

Textiles | On 22nd Sep 2017

ITMA 2019 to focus on smart garment technologies

ITMA 2019, the world's largest textile and garment technology...

Apparel/Garments | On 22nd Sep 2017

New US FTC rule for RN used on textile product labels

The US Federal Trade Commission recently streamlined requirements...

Interviews View All

Viral Desai
Zenitex Mill Pvt Ltd

Full of green energy

Darshan Mehta
Infinium Polychem

We are spending double digit figures on R&D

Nitin Soni
Dolphin Jingwei Machines

Taxation policies need to be made simpler

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

September 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
74.5%
No
12.8%
Skip
12.8%

Total Votes: 47

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.7%
No
25.5%
Skip
12.8%

Total Votes: 47

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.2%
No
6.4%
Skip
6.4%

Total Votes: 47

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
70.2%
No
10.6%
Skip
19.1%

Total Votes: 47


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search