Mitsui Chemicals, Inc., located in Tokyo, under the leadership of Tsutomu Tannowa, President and CEO has planned to construct a new production facility for long glass fiber reinforced polypropylene (LGFPP) at Ohio plant of its US subsidiary Advanced Composites, Inc.
The new production facility will have a capacity of 3,500 tons/year, which is expected to be completed in September 2019 and will commence commercial operations in October 2019.
LGFPP, a composite material made by melting and mixing polypropylene (PP) resin in long glass fibers that is lightweight with an attractive appearance. The long glass fibers offer a good balance between hardness and impact resistance. LGFPP is used in many areas such as the unpainted insides of rear car doors.
The popularity of electric vehicles has resulted in increased demand for automotive lightweighting, and recent stress of the enforcement of environmental regulations has raised the demand for LGFPP.
The demand for fiber-reinforced resins is going to increase further, which offers a 30 percent reduction in weight when used to replace metal, for example, insides of rear car doors. The growing demand for LGFPP in North America has prompted Mitsui Chemicals, Inc. to establish a new LGFPP production facility in the U.S..
Advanced Composites, Inc., founded in 1986 with headquarters and plants in Ohio, Tennessee is actively involved in production, sale and research of polypropylene compounds. Company has capital investment of US$ 14,100,000 with stakes in various companies such as Mitsui Chemicals America, Inc. (wholly owned by Mitsui Chemicals): 59.8%; Prime Polymer Co. Ltd.: 3.0%; Mitsui & Co. Ltd. (incl. Mitsui Plastics, Inc.): 27.0% and Marubeni America Corporation: 10.2%.