USA: Thermoplastic Olefin Elastomer Mitsui Expands Advanced Composites Plant
Mitsui Chemicals is going to build a new production facility for Milastomer thermoplastic olefin elastomer at the Ohio-plant of its US subsidiary Advanced Composites.
Tokyo/Japan — The new production line with an annual capacity of 6,000 tons of Milastomer will commence operations in October 2019.
As one of the reasons for the capacity expansion, the company stated the expected rise in demand for use of its product in automotive interior covers especially in North America. The new facility in the US will address growing demand in North America and serve as the company's fourth production base worldwide. Mitsui Chemicals America will sell Milastomer in North America, while Advanced Composites will handle production.
The primary ingredients of Milastomer thermoplastic olefin elastomer are olefin rubber and olefin resin. With its low density, light weight and moldability, Mitsui Chemicals markets the soft resin worldwide as a substitute for vinyl chloride and vulcanized rubber. The uses for this product include auto parts, building gaskets, toothbrushes, golf club grips and more.