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

'Requirement of polyester filament yarn is increasing'

Textiles | On 19th Jun 2018

'Requirement of polyester filament yarn is increasing'

The requirement of polyester filament yarn (PFY) is increasing as it...

Courtesy: SAC

Textiles | On 19th Jun 2018

SAC to release pilot of Higg Facility Social Labour Module

The Sustainable Apparel Coalition (SAC) will release this year a...

Courtesy: Ebay

Apparel/Garments | On 19th Jun 2018

eBay partners with Noon for e-commerce sales in Middle East

Noon, the $1 billion e-commerce venture backed by Dubai businessman...

Interviews View All

Spokesperson
Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Headhonchos
Indian textile value chain

'One nation, one tax' is a great concept

Kaizad Hansotia
GetNatty

Competition is the best thing that can happen to a startup

Paolo Crespi

For.Tex is an Italy-based leading producer of dyes and thickeners, and is...

Vikas Banduke

Softech Controls Private Limited (SCPL) is a part of the Cotmac Group, an...

Riddhi Jain

Conceived in Europe and curated in New Delhi, NeceSera is a...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

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

Leave your Comments


June 2018

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

news category


Related Categories:

Advanced Search