Mitsui Chemicals Builds Cycloolefin Copolymer Plant

Mitsui Chemicals says it will spend ¥6 billion ($49.5 million) to build a 3,000-m.t./year APEL cycloolefin copolymer plant using the company’s proprietary technology at its Osaka complex. Startup is due in May 2008. The product is a highly refractive and low birefringent material, used mainly in the information and electronics industries in applications such as pick-up lenses for DVD recorders and lenses for camera phones. The company says that the market is growing at more than...

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