Japan Maruzen Expands Sales of Asian Functional Chemicals

Japan Maruzen Petrochemical Company is currently undergoing strategic adjustment and hopes to promote the rapid growth of sales of functional chemicals and polymer products in the Asian market by expanding exports and providing technical support, including methyl ethyl ketone, petroleum resins, vinyl ethers, and biodegradable polymers. product.

The company stated that due to the unstable trend of the basic chemicals market, the company decided to strengthen its functional chemicals business in order to accelerate its development. Maruzen Petrochemical is Asia's largest methyl ethyl ketone supplier with a total capacity of 170,000 tons/year. Methyl ethyl ketone is mainly used in food packaging, gravure printing inks, household appliances, and housing construction. Due to the strong demand for methyl ethyl ketone in Asia, especially in China and Southeast Asia, other companies did not have new capacity plans, resulting in tight market supply. In addition, strong economic growth in Asia has provided support for the continued growth of petroleum resins. Maruzen Petrochemical also intends to use its patented technology to increase the supply of vinyl ether and biodegradable polymers.

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