Asahi Kasei, Mitsui Chem, Mitsubishi Chem form LLP on ethylene

Asahi Kasei, Mitsui Chem, Mitsubishi Chem form LLP on ethylene

Asahi Kasei, Mitsui Chemicals, and Mitsubishi Chemical have established a Limited Liability Partnership (LLP) named Setouchi Ethylene LLP, marking a significant step towards achieving carbon neutrality and optimizing production capacity in their ethylene manufacturing facilities in western Japan. The LLP, set to be established on August 19, 2025, is headquartered in Tokyo and will focus on studies to enhance carbon neutrality and production framework optimization, including potential future capacity reductions [1].

The formation of this LLP follows extensive discussions among the three companies on promoting carbon neutrality in their ethylene manufacturing facilities. These discussions, which began last year, have centered on measures such as shifting to biomass-based feedstocks and low-carbon fuels, replacing traditional petroleum resources. Additionally, the companies have explored the establishment of an optimized production framework, including potential future capacity reductions [1].

The LLP will aim to implement measures for carbon neutrality and develop a highly competitive ethylene production framework by 2030. The capital structure of the LLP is set at ¥1.5 million, with an equal capital ratio for Asahi Kasei, Mitsui Chemicals, and Mitsubishi Chemical. The office location of the LLP is 1-1-1 Marunouchi, Chiyoda-ku, Tokyo, Japan.

The LLP's initiatives include studying methods to achieve carbon neutrality and production framework optimization for the partners' ethylene manufacturing facilities in western Japan. Additionally, it will explore the establishment of a joint operating entity for the joint operation of these facilities.

This collaborative effort underscores the commitment of these major chemical companies to sustainable practices and to remain competitive in the global chemical industry. The formation of the LLP is expected to facilitate deeper collaboration and accelerate the execution of carbon neutrality measures.

References:
[1] https://jp.mitsuichemicals.com/en/release/2025/2025_0901_4/index.htm