- In February 2024, Mitsui Chemicals Inc. announced the expansion of its production capacity at its meta-xylylene diisocyanate (XDI) plant located at the Omuta Works, aiming to strengthen its supply capabilities and meet growing market demands. This move will further solidify Mitsui’s position in the global isocyanate market
- In January 2024, Evonik achieved ISCC PLUS sustainability certification for its specialty chemical production site in Essen, highlighting its commitment to environmentally responsible manufacturing. This certification is expected to enhance Evonik’s reputation and competitiveness in sustainable markets
- In December 2023, Mitsui Chemicals, Inc. developed the Diffrar array of polymer wafers for use in waveguides for augmented reality (AR) glasses, with plans to expand into the AR and VR sectors. This innovation opens new growth opportunities for Mitsui Chemicals beyond traditional markets
- In December 2023, Asahi Kasei and an affiliated company secured the ISCC PLUS international sustainability certification for several additional products, including thermoplastic elastomer (TPE), styrene-butadiene rubber (SBR), butadiene rubber (BR), and others. This achievement reinforces Asahi Kasei’s commitment to sustainability and broadens its eco-friendly product offerings
- In January 2023, BASF commenced the third and final phase of its methylene diphenyl diisocyanate (MDI) expansion project at its Verbund site in Geismar, Louisiana, aiming to boost production capacity to around 600,000 metric tons annually by 2025. This expansion will enable BASF to better serve the rising demands of its North American MDI customers
