Mitsui Chemicals & SKC Polyurethanes Co., Ltd. (MCNS) has set up a manufacturing and sales company of polyurethane system products (System house*) in Andhra Pradesh in Southern India to meet an anticipated increase in polyurethane demand.
With a population estimated at 1.3 billion people, India is the world’s seventh largest economic power in GDP terms, with annual economic growth of 7% or higher expected. India produces 4 million cars and 9 million refrigerators annually, and demand for polyurethane is also expected to increase. Many Japanese and Korean auto and home appliance manufacturers have developed a presence in the country, especially in Southern India, and MCNS will expand its business by reliably supplying high-quality polyurethane system products with the system house.
MCNS is a 50:50 joint venture company between Mitsui Chemicals and SKC. It established by integrating the two company's polyurethane businesses in July 2015. MCNS supplies polyurethane system products from system houses in 10 locations around the world, including the United States, Mexico, China and Poland, based on a production capacity of 280,000 tons of polyol, 250,000 tons of MDI and 120,000 tons of TDI.
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