3 rd Petrochemical Conclave Petrochemicals - Global Trends & Opportunities Technologies for Propylene Derivatives and its Challenges February 7 th, 2014
Contents 1. History of Friendship between India and Japan 2. Introduction of Mitsubishi Chemical Holdings Corporation (MCHC) and Mitsubishi Chemical Corporation (MCC) 3. Overview of Indian Economy 4. What Mitsubishi can do for India 5. Indispensability of Domestic Production 6. Other Valuable Mitsubishi Technologies for India s Economic Growth 7. Contact Details of Mitsubishi Chemical Corporation
History of Friendship between India and Japan
History of Friendship between India and Japan Japanese Emperor and Empress have visited India four times. 1960 Dec., 1st, 2013 Indian Prime Minister Manmohan Singh visited Japan last year. The tie between India and Japan is one of the most important relationships for Japan!! Japanese Prime Minister Shinzo Abe recently visited India to attend Republic Day Parade in 2014. May 29 th, 2013 Jan., 26 th, 2014
History of Friendship between India and Japan Justice Radha Binod Pal He has been highly respected by Japanese people because of his fair attitude during military tribunal in Tokyo after WWII. There are two monuments specially dedicated to Justice Pal in Japan. One is located in Tokyo, the other one is located in Kyoto. Justice Radha Binod Pal s monument in Tokyo Netaji Subhas Chandra Bose He was supreme commander of Indian National Army and jointly operated with Japanese Imperial Army during WWII. His tomb is located in Tokyo. Netaji Subhas Chandra Bose s Tomb in Tokyo
Introduction of Mitsubishi Chemical Holdings Corporation (MCHC) and Mitsubishi Chemical Corporation (MCC)
Overview of Mitsubishi Chemical Holdings Mitsubishi Chemical Holdings Corporation Profile * Established Head office** President Paid-in capital Listings Activities Business domains Consolidated net sales Consolidated operating income Group employees Website October 3, 2005 1-1, Marunouchi 1-Chome, Chiyoda-ku, Tokyo Yoshimitsu Kobayashi 50.0 billion (500 million USD) Tokyo Stock Exchange, Osaka Securities Exchange Management of the Group companies (development of Group strategies, allocation of financial resources, etc.) Performance products, health care, and industrial materials 3,088.6 billion (30 billion USD) 90.2 billion (1billion USD) 55,131 http://www.mitsubishichem-hd.co.jp/english/ Yoshimitsu Kobayashi, ph D President & Chief Executive Officer *All figures are for the year ended March 2013(FY2012). The Mitsubishi Chemical Holdings Group is made up of 430 companies: holding company Mitsubishi Chemical Holdings and core operation companies Mitsubishi Chemical, Mitsubishi Tanabe Pharma, Mitsubishi Plastics, and Mitsubishi Rayon, as well as 340 consolidated subsidiaries and 52 equity-method affiliates.
Organization of Mitsubishi Mitsubishi Chemical Holdings Corporation* Oct. 2005~ Consolidated net sales: 3,088.6 billion Employees:55,131 Performance Products Health Care *: Listed **:Group total Industrial Materials Figures for consolidated net sales is for the year ended March 2013(FY2012). 100% 100% 100% 100% 100% 100%** 100% The KAITEKI Institute, Inc. Mitsubishi Chemical Holdings America, Inc. Mitsubishi Chemical Holdings (Beijing) Co., Ltd. Mitsubishi Chemical Holdings Europe GmbH Mitsubishi Chemical Holdings Corporate Staff, Inc. MHCS Corporation MHLC LLC Mar. 2013~ 80% Jan. 2013~ 100% Qualicaps Co., Ltd. Healthy Life Compass Corporation Apr. 2009~ Nov. 2010~ Jan. 2011~ Nov. 2012~ Apr. 2013~ Mar. 2013~ Apr. 2013~ 100% Mitsubishi Chemical Corporation Consolidated net sales: USD 19.6 billion Performance products Healthcare Industrial materials etc. (incl. Petrochemical) 56.3% Mitsubishi Tanabe Pharma Corporation* 100% 100% Mitsubishi Plastics, Inc. Mitsubishi Rayon Co., Ltd. Oct. 2005~ Oct. 2007~ Apr. 2008~ Apr. 2010~ Consolidated net sales: Consolidated net sales: Consolidated net sales: USD 4.2 billion USD 4.0 billion USD 4.6billion Pharmaceuticals etc. Plastics products Inorganic fiber materials etc. Chemicals & plastics, Fibers (AN,MMA) Carbon fiber & Composite materials Water treatment etc.
Mitsubishi s Global Network Mitsubishi Chemical Holdings America,Inc.(New York, USA) Mitsubishi Chemical Holdings Corporation, Head Office(Tokyo) Mitsubishi Polyester Film, Inc. (South Carolina, USA) Lucite International UK Limited (Cassel, UK) North America 49 sites Europe 78 sites Japan 186 Sites Qualicaps, Inc. (North Carolina, USA) Central-South America 6 sites Africa 2 sites Asia Pacific 109 sites Quadrant AG (lenzburg, Switzerland) Mitsubishi Chemical Infonics Pte Ltd.(Singapore) Sales by region Qualicaps, Europe S.A. (Madrid, Spain) Overseas 35.9% Japan 64.1% Tianjin Tanabe Seiyaku Co.,Ltd.(Tianjin, China) Mitsubishi Chemical Holdings (Beijing) Co.,Ltd. (Beijing, China) Huizhou MMA Co., Ltd. (Huizhou, China) Mitsubishi Pharma(Guangzhou) Co., Ltd.(Guangzhou,China) Year ended March 2013 MCC PTA India Corp. Private Limited(Kolkata, India)
Mitsubishi Chemical s Presence in India Mytex Polymers India Pvt. Ltd. Neemrana, Rajasthan (PP Compound) Mitsubishi Chemical India Pvt. Ltd. Gurgaon, Haryana (Representative) MAPIC India Pvt. Ltd. Hyderabad, Andhra Pradesh (Pharmaceutical Ingredient) MCC PTA India Corp. Pvt. Ltd. Haldia, West Bengal Mitsubishi s total investment in India is close to $1billion. Mitsubishi has focused on India!!
Overview of Indian Economy
GDP Per Capita (USD/Person) GDP Per Capita Growth Rate 10,000 9,000 8,000 7,000 6,000 5,000 4,000 3,000 2,000 1,000 - China India Mass-Consumption 2020 India GDP/Capita (2,200USD) = 2007 China level 314 330 363 374 469 604 703 774 821 865 9491,042 1,135 376 310 324 309 355 384 411 427 425 455 457 466 487 1,274 2,069 1,731 1,490 565 650 740 830 2,651 3,749 3,414 1,042 4,433 5,447 7,254 6,844 6,456 6,091 7,690 1,419 1,489 1,642 1,810 YR. 2012 8,151 8,640 9,159 9,708 YR. 2020 1,996 2,200
Thousand Car Automobile Market in India 7,000 6,000 5,000 Over 6 million Cars in 2020 2020 W.S. 6.1% 4,000 3,000 2,000 1,000 0 2008 W.S. 3.1% Domestic Production Share in the World (W.S.) One of Major Auto Market in the World in 2020 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
Utilization Rate (%) Utilization Rate of Baby Diapers (2008) 45% 40% 35% 30% 25% USD 1,000-4,000 Rapid Growth Brazil Russia 20% China 15% 10% Indonesia 5% 0% India GDP(USD) per Capita 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Now Start Point of Rapid Growth
Utilization Rate (%) Potential Demand of Baby Diapers in India 100 75 50 25 Japan USA World No. 1 Potential Market Russia Brazil Turkey China 93 India 0 Egypt Indonesia 0 20 40 60 80 100 Population under the age of 5 years (millions) 119 120
What Mitsubishi can do for India
Mitsubishi s Technologies for Propylene Derivatives 1. Poly-Propylene (PP) Most suitable technology for automobile application (licensed through Japan Polypropylene Corporation). 2. Acrylic Acid and its Esters (AA/AE) Acrylate dispersion technologies are also available. 3. OXO Alcohols (OXO) Suitable for many applications such as acrylates.
Polypropylene for AUTO NEWCON Reactor TPO FUNCSTER NEWCON is the best resin Compounding materials for Auto Long Glass Fiber Reinforced PP Front End Module Door Module Side Step Functional Parts
Metallocene Polypropylene High Transparency Cleanliness Flexibility Heat Resistance WINTEC Metallocene Based Random Copolymer WELNEX Metallocene Based R-TPO
Process Technology HORIZON Horizontal Reactor High Performance Catalyst Easy Product Grade Change High Adaptability to New Grade High Performance &Balanced ICP High Rubber-Content R-TPO Production New Grade Development 1st REACTOR Evaporative Cooling System Degassing Column Pelletizer 2nd REACTOR
Application of Acrylic Acid, its Esters, and OXO Alcohols Diaper Adhesives Paint Super Absorbent Polymer (SAP) Acrylic Glass Acrylic Fiber (co-polymer for AN ) Acrylic Glass (co-polymer for MMA) Acrylate, Emulsion Fiber OXO alcohols are used as the plasticizer for Vinyl Chloride and for producing acrylic acrylates with acrylic acid.
Acrylic Acid and Esters / OXO Alcohols Flow Acrylic Acid Glacial Acrylic Acid Hygiene (SAP: Super Absorbent Polymer) Propylene Esters (Acrylates) Emulsion (Dispersion) Adhesives Water Treatment Plastic Additives OXO Alcohols Plasticizers Mitsubishi s Technology Area
Poly-Propylene Balance in India Balanced in India. But.. Import High performance co-polymer for automobile application is still shortage. Mitsubishi s PP technology is most suitable for this application.
Forecast for OXO Alcohol and AA Market in India Butyl Alcohol Acrylic Acid Huge S/D Gap!! (2015) Demand Demand Gap 100 KTA Gap 200 KTA Production Capacity Production Capacity Balance Balance Someone has to produce!!
Indispensability of Domestic Production
What Indian Producers should do INR vs. USD (last 5 years) India Rupee has been depreciated.. It s been challenging for Indian Producers who Imports raw materials and sells products in India. If raw materials are available in India or procured by INR, demands for raw materials would be greatly increased. Produce inside India!!
Propylene Suppliers in India Reliance 2,728 Indian Oil Corporation Ltd. (IOCL) 565 HPCL-Mittal Energy Limited (HMEL) 550 Haldia Petrochem 345 Bharat Petroleum (BPCL) 230 Mangalore Refinery & Petrochem 87 Gail 70 Hindustan Petroleum (HPCL) 54 Others 35 Total 4,664 Refineries are Major Suppliers
Propylene Balance in India 2012 2013 Production capacity 4,482 4,664 Production 3,495 3,937 Operating rate 0.78 0.84 Import 0 0 Export 11 11 Domestic demand 3,484 3,926 Balance 11 11 Gap between capacity and actual production. Refineries seems to reserve spare propylene capacity. Refineries shall produce propylene derivatives as well.
Mitsubishi s Technologies for Propylene Derivatives 1. Poly-Propylene (PP) Most suitable technology for automobile application (licensed through Japan Polypropylene Corporation). 2. Acrylic Acid and its Esters (AA/AE) Acrylate dispersion technologies are also available. 3. OXO Alcohols (OXO) Suitable for many applications such as acrylates. Mitsubishi Chemical can Offer Solutions!!
Other Valuable Mitsubishi Technologies for India s Economic Growth
C3 Derivatives Products Feedstock Capacity Plants Remarks Polypropylene Horizon Propylene 200-300 8 Licenser: Japan Polypropylene Co. Acrylic acid and its Esters Propylene 80-160 14 Oxo-alcohols Propylene 15-250 9 New Rh-phosphite ligand system also license available Propylene DTP process Methanol (+ C4-6 Olefin) 50-100 Not yet New Technology Licenser: JGC Capacity KTA
C4 Derivatives Products Feedstock Capacity Plants Remarks 1,4-Butanediol (BDO) Butadiene 100 4 BDO & THF Co-Production Butadiene BTcB Process N-Butene 50-100 Not yet New Technology On-purpose technology Poly-Tetra Methylene Glycol (PTMG) THF + 1,4-BDO 25-50 3 Maleic acid (CML) CML Derivatives Buthylactone(GBL) N-Methy-2- Pyroridone (NMP) Tetrahydrofuran (THF) N-Butane 30-60 2 CML 5-20 1 1,4-BDO 100 (1) Under Construction
Phenol Chain Products Feedstock Capacity Plants Remarks Bis-phenol A (BPA) Phenol + Acetone 120-240 9 Methyl Isobutyl ketone(mibk) Acetone 20 1 3 Step Process Di-Phenyl Carbonate(DPC) Phenol + Phosgene 20-100 2
C2 and Polyester Chain Products Feedstock Capacity Plants Remarks 1-Hexene Ethylene 50 Not yet New technology On-Purpose Trimerization Ethylene Glycol OMEGA Process Ethylene 750-1500 5 MEG On-purpose Licenser: Shell Terephthalic acid (PTA) Para-xylene 1200 12 Poly-Butylene Terephtalate (PBT) 1,4-BDO + PTA 20 2 Licenser: HITACHI Ti catalyst
Mitsubishi Chemical Licensing Record EOG (Shell) 9 4 5 1 3 3 1 2 4 8 3 2 5 2 3 14 Acrylic Acid & Esters Oxo-alcohols PP (JPP) C4 PTA BPA* 2 3 4 7 8 9 13 6 15 5 9 6 12 5 6 8 11 115 1 1 10 6 4 3 7 5 2 3 4 4 8 1 7 2 7 2 6 *Including license record by Chiyoda (1991-2002)
Contact Details Of Mitsubishi Chemical Corporation
Contact Details of Mitsubishi Chemical Primary Contact Window Name: Mr. Satoshi MIYAMOTO Title: Senior Manager Address: 1-1-1, Marunouchi, Chiyoda-City, Tokyo, Japan, Post Code 100-8251 TEL: +81-3-6748-7262 or +81-50-3139-2093 (Direct) FAX: +81-3-3286-1195 Email: 4000705@cc.m-kagaku.co.jpz Secondary Contact Window Name: Ms. Baishakhi De Address: Ditto TEL: +81-3-6748-7262 or +81-50-3805-7361 (Direct) FAX: Ditto. Email: 0017486@cc.m-kagaku.co.jp
Thank you very much for your kind Attention!!