Mitsui Chemicals Announces World's First Large Scale XDI Plant

  Mitsui Chemicals Announces World's First Large Scale XDI Plant

  -Bolstering Ophthalmic Lens Monomers and Coatings & Engineering Materials-

Business Wire

TOKYO -- February 6, 2014

Mitsui Chemicals (TOKYO:4183)(President & CEO: Toshikazu Tanaka) announced
that the Company will take its competitive edge in its world top share
ophthalmic lens monomers and coatings & engineering materials to the next
level by constructing the world’s first large scale plant for XDI within its
Omuta Works (Kyushu, Japan). This new development is one of several measures
the Company has undertaken in recent years to restructure its business and
product portfolio.

Mitsui Chemicals is the world top share opthalmic lens monomers supplier
(Photo: Business Wire)

Mitsui Chemicals is the world top share opthalmic lens monomers supplier
(Photo: Business Wire)

[Overview]
1. Product: XDI (xylylene diisocyanate)
2. Location: Omuta Works (Omuta City, Fukuoka Prefecture, Japan)
3. Capacity: 5,000 tons/year
4. Commercial operation: October 2015 (tentative)

XDI is a functional material made with proprietary technology and offered only
by the Mitsui Chemicals Group. Extensively used in coatings & engineering
materials, it is widely used in products requiring safety and durability such
as adhesives for food packaging, in special inks and coating materials such as
those used in solar cells and smartphones, and in high durability building
sealants and highly safe microcapsules. Additional demand is also expected by
product shifts from different materials.

XDI is also used in the Group’s world leading high refractive index ophthalmic
lens monomers, sold under the brand name MR^TM Lens, which allow processing
and design freedom, and have superior durability, clarity, impact resistance,
and thinness. Mitsui Chemicals revolutionized the global standard for eyewear
with its “thin, light, and impact resistant lens material”.

“The new state-of-the-art XDI plant will not only enable Mitsui Chemicals to
meet expanding demands for specialty coatings & engineering materials, but
will also provide solutions to QOL needs for improved and more comfortable
eyewear around the world,” says Satoshi Tsuruda, General Manager of Health
Care Materials Division at Mitsui Chemicals.

With the establishment of its new XDI plant, Mitsui Chemicals will
aggressively expand its global business and strengthen its world class
competitive position for its ophthalmic lens monomers operations and coatings
& engineering materials operations.

About Mitsui Chemicals
Mitsui Chemicals (TOKYO:4183, ISIN:JP3888300005) contributes broadly to
society by providing high-quality products and services to customers through
innovations and creation of materials and products while keeping in harmony
with the global environment. Mitsui Chemicals’ business portfolio includes
healthcare, automotive materials, food packaging, energy, agrochemicals, and
others.

The Mitsui Chemicals Group traces its origins back to 1912. The Group now has
over 135 companies and around 14,000 employees in 27 countries worldwide. In
the fiscal year ending March 2013, the Group posted consolidated sales of US$
14,952 million.
More information can be found at http://www.mitsuichem.com/index.htm

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Contact:

Mitsui Chemicals
Yuri Matsunaga, +81-3-6253-2100
Corporate Communications Division
Yuuri.Matsunaga@mitsui-chem.co.jp
 
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