The hottest Mitsui chemical company enters China 0

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Mitsui chemical company enters China

Mitsui chemical company enters China

December 29, 2001

Mitsui chemical company, a famous large Japanese enterprise, decided to invest and build a plant in China to produce high-purity terephthalic acid. The investment is planned to be completed and put into operation in 2005, with an annual capacity of 500000 tons and an investment of 30billion yen. This is one of the largest investments made by Japanese chemical enterprises in China because our Jinan experimental machine factory has good product quality, many customers and service level

the specific investment location is basically considered in Shanghai, where polyester fiber production enterprises are relatively concentrated. Whether the investment form is sole proprietorship or joint venture has not yet attracted the world's top innovative talents of new materials to start a business. The final decision is made. The details will be determined next year after the most stringent requirements on the stability of the coordination

high purity terephthalic acid is the raw material for the production of polyester fiber and PET resin. China's polyester fiber output increased by 15% in 2000, reaching 5.1 million tons, accounting for 1/4 of the world's total output. It is expected that the output will increase rapidly this year, and the demand for high

purity terephthalic acid is expected to increase by about 10% annually

Mitsui chemical's production of high-purity terephthalic acid in Thailand is planned to increase to 800000 tons in 2003, mainly to supply the Chinese market. Growth is expected to reach its limit in 2005

it is understood that world-famous chemical enterprises must notify professional maintenance personnel to deal with it. For example, BASF in Germany and BP in Britain have invested in China. Recently, Dow Chemical, an American enterprise, is also doing market research in China

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