Mitsui Chemicals' Korean subsidiary starts operations

Mitsui Chemicals, Inc. commences operations at its new Korean subsidiary, Mitsui Chemicals Korea, Inc., on April 1, 2016. The new company is a restructuring of the Mitsui Chemicals, Inc. Korean Branch which was established on October 1, 2014. The subsidiary will expand the sales network of Mitsui Chemicals in Korea, targeting materials for automotive and electrical/electronic products.

Korea is an important market with fast-growing automobile and electrical/electronic manufacturers. For the Mitsui Chemicals Group, which lists the mobility segment as one of three priority targets, Korea is extremely attractive with good potentials for business growth and expansion. In addition, the Korean market also holds equally good potential for the Group’s other two priority business areas of healthcare and food & packaging.

Mitsui Chemicals Korean branch was established in October 2014 to collect information on the Korean market and provide cutting edge service to customers with a view of upgrading to that of a local subsidiary with sales functions to further bolster the Company’s business interest in the country.