The company has announced an expansion of the production capacity of HOSTAPHAN\u00ae polyester films in Europe and will invest in a new production line. The investment amounts to approximately 110 million euros and is expected to be completed by the end of 2024. This is the third investment by Mitsubishi Chemical in the global polyester film business since 2018. It follows the opening of a new production line in South Carolina USA in 2018 and an investment in a new production line in Indonesia, with planned start up in 2022.\u00a0\u00a0
The polyester film market in Europe is growing by about 5% annually. Mitsubishi Polyester Film is global leader in the development and production of innovative high- performance Polyester films which meet demanding customer requirements. The Mitsubishi Polyester Film Group is one of the world’s largest manufacturers of polyester films.\u00a0\u00a0
Demand is expected to continue to grow strongly in the future and the parent company, Mitsubishi Chemical Corporation, has decided to build a new production plant with a capacity of 27,000 tons per year. This state of the art line will be one of the world’s most modern production machines for polyester films.\u00a0\u00a0
The plant will be equipped with the latest technology to ensure energy-saving production that will reduce CO2 emissions. In addition, the investment will accelerate the company’s efforts to achieve a circular economy. It will include technology that allows polyester films already used by the customer to be reused as raw materials in production.\u00a0
Mitsubishi Chemical’s polyester film division produces at 5 locations worldwide, in Japan, China, Indonesia, the USA and Germany.\u00a0\u00a0
Mitsubishi Polyester Film GmbH, located in the industrial park in Wiesbaden Germany, currently produces 50,000 tons of polyester films annually for a wide variety of applications. The HOSTAPHAN\u00ae film is used for applications in the automotive sector, including the growing market for EV batteries and for many medical applications such as medical patches, wound care products and diagnostic strips.\u00a0<\/p>\n\n\n\n
With the investment, the company will continue to secure and expand the location in Wiesbaden and secure the jobs of its 560 employees.\u00a0<\/p>\n\n\n\n
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About Mitsubishi Chemical<\/h3>\n\n\n\n
Mitsubishi Chemical Corporation, an operating company of the Mitsubishi Chemical Holdings Corporation Group, is one of Japan\u2019s largest chemical company. The company offers a wide variety of products and solutions in \u201cPerformance Products\u201d and \u201cIndustrial Materials\u201d domains, leveraging its diverse expertise and technology platforms based on chemistry. <\/p>\n","protected":false},"excerpt":{"rendered":"
Expansion of production capacity for polyester films in Germany: Mitsubishi Chemical Corporation (MCC; Head office: Chiyoda-ku, Tokyo; President: Masayuki Waga) hereby announces that it has decided to reinforce the polyester film production capacity of its affiliate Mitsubishi Polyester Film GmbH (MFE; Location: Wiesbaden, Germany; President: Thomas Hehl).\u00a0 The company has announced an expansion of the […]<\/p>\n","protected":false},"author":59,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"none","nova_meta_subtitle":"Company has announced an investment in a new production line of HOSTAPHAN\u00ae polyester films in Europe","footnotes":""},"categories":[5572],"tags":[5847,10416,13661,7105,15212],"supplier":[1009,19233],"class_list":["post-99418","post","type-post","status-publish","format-standard","hentry","category-bio-based","tag-bioplastics","tag-circulareconomy","tag-films","tag-packaging","tag-polyester","supplier-mitsubishi-chemical","supplier-mitsubishi-polyester-film-gmbh"],"_links":{"self":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts\/99418","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/users\/59"}],"replies":[{"embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/comments?post=99418"}],"version-history":[{"count":0,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts\/99418\/revisions"}],"wp:attachment":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/media?parent=99418"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/categories?post=99418"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/tags?post=99418"},{"taxonomy":"supplier","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/supplier?post=99418"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}