Japan: Production of Synthetic Fluids Mitsui Completes Construction of New Lubricant Plant
Mitsui Chemicals announced that it has completed the construction of a new plant to produce Lucant, a series of hydrocarbon-based synthetic fluid, at its Ichihara Works in Ichihara, Japan.
Tokyo/Japan — With a new plant coming in addition to an existing one at Iwakuni-Ohtake Works, Mitsui Chemicals’ production capacity for Lucant is now set to increase, allowing the company to keep up with the strong global demand for the product. By moving to a two-base system spread across Iwakuni-Ohtake Works and Ichihara Works, the company aims to bolster its business continuity planning for the product.
Lucant is a high-performance hydrocarbon-based synthetic oil. In addition to its viscosity being largely resistant to temperature changes, the material has a number of other noteworthy properties, including excellent shear stability and thermochemical stability. The Japanese company has a strategic partnership with The Lubrizol Corporation’s Additives Segment which acts as a major producer of lubricant additive packages. Going forward, both companies intend to further expand and grow the business in the lubricant market. As its own independent initiative, Mitsui Chemicals intends to tackle market development and application development for the expanded use of Lucant as a functional liquid polymer, including applications as a modifier for elastomers and engineering plastics.