Food & Packaging Business Sector
In addition to the ongoing need to boost food production, reduce food loss, and the like, there is a societal demand for products and services that meet the needs of reducing environmental impact, particularly in packaging materials. We will leverage the strengths of the Mitsui Chemicals Group to help solve these challenges faced by society.
Basic Information
Challenges and needs of society
Business vision
Market analysis and strategies
Opportunities and risks
- Growing agrochemicals markets in Asia and South America, growth in the market for agrochemical-related products (disease prevention fields)
- Growing Asian market and sluggish domestic market for packaging materials, growing needs to address environmental issues
- Growth in ICT markets such as for 5G and high-performance displays
- Uncertainty surrounding China and emerging economies
Strengths
- Broad product lineup
- Proprietary R&D and production technology
- Overseas expansion, particularly in Asia
- Customer base built on providing a swift response
Basic strategies
- Strengthen our business portfolio by shifting to high value-added products
- Expand businesses by tapping into overseas growth markets
- Create new products and businesses and respond to environmental needs through collaboration within and outside the Group
Specific strategies
Agrochemicals
- Tap growth in the Asian and South American markets
- Strengthen agrochemical-related areas (disease prevention fields)
Coating & engineering materials
- Tap growth in the Asian market
- Globally expand environmentally friendly products
- Accelerate market penetration of high-performance products
Performance films & sheets
- Bolster our business platform by transforming our product portfolio
- Maintain and expand our market share in ICT fields
Value chain
Main Products
Coatings & Engineering Materials
Polyurethane resins (TAKENATE™, TAKELAC™), Packaging adhesives, Polyolefin resins, Coating resins, Sealants for displays
Performance Films & Sheets (Packaging Films)
Biaxially oriented polypropylene films, Cast polypropylene films, Linear low-density polyethylene film (T.U.X™)
Performance Films & Sheets (Industrial Films and Sheets)
Semiconductor and electronic components manufacturing process films (ICROS™ TAPE), Foam sheets, Encapsulant sheets for solar cells (SOLAR ASCE™, SOLAR EVA™)
Agrochemicals
Insecticides, Fungicides, Herbicides, Non-crop specialty chemicals, Pet medication ingredients
Market share and market growth rate of key products (FY2019)
| Agrochemicals | ||
|---|---|---|
| Market share | Market growth rate | |
| Global | - | 3.0%* |
| Asia | - | 2.3%* |
| Japan | 10% | 1.1%* |
* *FY2018–2023
| TAKELAC™ / TAKENATE™ packaging adhesives | ||
|---|---|---|
| Market share | Market growth rate | |
| Japan | 29% (No. 2) | <1% |
| ASEAN | 30% (No. 1) | 7% |
| T.U.X™ high-performance sealant film | ||
|---|---|---|
| Market share | Market growth rate* | |
| Japan | 34% (No. 1) | <1% |
Departments and Products
Coatings & Engineering Materials Division
Mitsui Chemicals Tohcello, Inc.
Mitsui Chemicals Agro, Inc.
Blue Value™ and Rose Value™ products in the Food & Packaging domain
Food packaging materials
- Enriches life and society
Easy-open film that even children and the elderly can manage.
Insecticide
VECTRON™
- Extends healthy life-span
Controls mosquitos, a carrier of infectious diseases like malaria. Contributes to the eradication of malaria.
Milky-white food packaging film
- Reduces CO2
- Conserves resources
Delivers a white finish by diffusing light on layers of air created inside the film. Reduces the amount of resin used by 20%-30% without the need for white printing.
Insecticide
TREBON™
- Protects food
Contributes to stable crop production and helps boost food production.
Keep-fresh film
SPASH™, PALFRESH™
- Reduces CO2
- Protects food
Suppresses wilting and discoloration of fruits and vegetables and contributes to a reduction in food loss. Reduces GHG emissions by reducing the amount of food wastes.
Sealant film
- Reduces CO2
- Conserves resources
- Protects food
Saves energy by using a lower heat seal temperature, while its improved film strength means less resin is used. Its excellent sealing performance and impact resistance reduces the amount of food wasted in food production and distribution.
Hybrid rice
Mitsuhikari
- Protects food
F1 hybrid rice cultivar with superior high yield and taste. Mitsuhikari’s delayed harvesting has the advantage of dispersing the concentration of harvesting resources, and results in the improvement of food productivity.
