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Mitsui to close all plants at Kashima; MDI plant at Omuta; BPA plant at Chiba; and phenol JV with Idemitsu

5:14 AM MST | February 6, 2014 | Deepti Ramesh

Mitsui Chemicals today announced a major restructuring of its operations as a result of the volatility in the polyurethane and phenol markets. Mitsui's board of directors has approved a restructuring plan, which will result in the closure of several production facilities in Japan. Mitsui says that it will close all production plants at the company's manufacturing complex at Kashima, Japan, as well as a 60,000-m.t./year methylene di- para -phenylene isocyanate (MDI) plant at the company’s site at Omuta in Fukuoka Prefecture, Japan, by 31 December 2016...

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