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Mitsui Chemicals Plans for New PP Composite Facilities May 28 2018

2018 Lucintel Composites Market Insights, May 28, 2018

Mitsui Chemicals, Inc. has informed that joint venture Prime Polymer Co., Ltd. intends to establish new production facilities for its MOSTRON-L glass fiber reinforced polypropylene (GFPP). MOSTRON-L is a Prime Polymer-developed composite material made by melting and mixing polypropylene (PP) resin with long glass fibers.

Beyond a low specific gravity that allows the material to be used for lightweighting, it also offers an attractive appearance with long glass fibers providing a good balance between hardness and impact resistance. The product is already being adopted in areas such as the unpainted insides of rear car doors. Prime Polymer is positioning MOSTRON-L as a strategic product going forward and is working to further reinforce and expand its business for the product. Prime Polymer Co., Ltd is owned 65% by Mitsui Chemicals and 35% by Idemitsu Kosan Co., Ltd.

For identifying growth opportunities in the global glass fiber market, please visit
http://www.lucintel.com/glass_fiber_market_2017_2022.aspx