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Overview
Mitsui Chemicals, Inc. is a Japanese chemical company that manufactures and sells a wide range of chemicals, plastics, and materials. The company was founded in 1955 and is headquartered in Tokyo, Japan. Mitsui Chemicals has multiple business segments, including basic chemicals, functional polymeric materials, functional chemicals, and others. The companyโs products are used in various industries, such as automotive, electronics, food and beverage, and healthcare. Mitsui Chemicals is a global company with operations in over 30 countries, including the United States, China, Germany, and Thailand. As of 2020, the company had over 170 subsidiaries and affiliates worldwide. The companyโs mission is to contribute to society through the creation of value by innovative technology, and its vision is to become a global chemical company that is trusted throughout the world. Mitsui Chemicalsโ values include customer satisfaction, innovation, social responsibility, and respect for diversity. Mitsui Chemicals places a strong emphasis on sustainability and environmental responsibility in its operations. The company has set long-term targets to reduce greenhouse gas emissions, promote recycling, and develop eco-friendly products. In addition to chemical production, Mitsui Chemicals also engages in research and development activities and collaborates with other companies, universities, and research institutions to create new materials and technologies. The companyโs current president and CEO is Tsutomu Tannowa, and its major shareholders include Mitsui & Co., Ltd., Mitsui Fudosan Co., Ltd., and Nippon Life Insurance Company. As of March 2021, Mitsui Chemicals reported net sales of 1,759.8 billion yen (approximately $16.2 billion USD) and employed over 17,000 people worldwide.
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