Mitsui Chemicals, Inc (MCI) officially opened its second TAFMER^® Plant in Singapore in July to further strengthen the company's platform as a global provider of high performance elastomers (TAFMER^®). The US$200 million (S$262.7 million) plant will harness MCI technologies in polymer design, metallocene catalysts and production processes to create a world-class production facility with an annual operation capacity of 100,000 tonnes.

TAFMER^® is a family of flexible and lightweight olefin elastomers with a wide range of uses such as improving impact resistance and heat sealing properties of materials. With the set-up of Mitsui Chemicals' plant here, Singapore will account for two-thirds of the company's global elastomer production capabilities.

"Mitsui Chemicals' TAFMER^® plant reaffirms Singapore's attractiveness as a location for companies to produce high-value innovative products to meet growing needs in Asia and globally. We are delighted that this new plant will mark yet another milestone in Mitsui's growing presence in Singapore." said Liang Ting Wee, Director of Energy & Chemicals, Singapore Economic Development Board (EDB).