July 28, 2022
(press release)
–
The Mitsubishi Chemical Group （MCG） hereby announces that it has decided to increase its annual production capacity of SoarnoL™ ethylene vinyl alcohol copolymer (EVOH) resin by 21,000 tons in the United Kingdom. The production increase is slated to take effect in July 2025. MCG holds a significant share in the EVOH market globally, and has three SoarnoL™ EVOH resin production sites in Japan, the US and the UK.
SoarnoL™ is a high gas-barrier resin used to produce packaging materials that help prolong the flavor and quality of foods, resulting in reduced food waste. In addition, multilayer films containing SoarnoL™ are certified as highly recyclable in combination with MCG’s recycling compatibilizer Soaresin™*. With increasing needs for eco-friendly products, MCG anticipates solid growth in global demand for SoarnoL™ in the coming years.
Positioning healthcare & life science as one of the most important strategic focus under the new management policy “Forging the future,” which was announced in December 2021, MCG will continue to contribute to a sustainable food supply by developing and promoting food packaging materials and other high performance materials.
*Refer to the following for more details.
-“Multilayer Films Containing the Mitsubishi Chemical Group´s SoarnoL EVOH Resins
Up To 15 weight% Are Certified Recyclable” (MCG’s news release from July 20, 2022)
-SoarnoL™ product website
1. Location：Mitsubishi Chemical UK Limited (Soarnol House, Saltend, Hull HU12 8DS, UK)
2. Production capacity：39,000 tons/year(Increased by 21,000 tons/year from the current production capacity of 18,000 tons/year)
3. Start of construction ：April 2023
4. Start of operation：July 2025
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