Japan: Synthetic Fluids Mitsui Chemicals to Construct New Lucant Facility
The new plant is expected to have a production capacity of 20,000 tonne per year and commence commercial operations in February 2021. With this project, the firm intends to meet the evolving needs of the lubricant market.
Tokyo/Japan – Mitsui Chemicals has recently announced the decision to construct a new plant for the production of Lucant, a hydrocarbon-based synthetic fluid, at Ichihara Works in response to the expansion of global demand. The plant is will have a production capacity of 20,000 tonne per year and is scheduled to begin commercial operations in February 2021.
Lucant is a high performance, hydrocarbon-based, specialty synthetic fluid used primarily as a viscosity modifier. It is used in the most demanding applications including automotive driveline, industrial lubricants and greases, and is the approved choice for leading OEMs and global oil marketers. Mitsui Chemicals claims to be the first manufacturer to offer to the market this unique synthetic fluid which boasts industry leading efficiency and durability.
The investment in additional Lucant capacity will allow the firm to meet the evolving and demanding needs of the lubricant market. Mitsui Chemicals has decided to strengthen its production capacity for Lucant in order to secure a stable supply capabitity and drive its business growth.