Mitsui Chemicals Announces Organization Restructuring
September 9, 2009
Mitsui Chemicals, Inc.
Mitsui Chemicals, Inc. (“MCI”) (Toshikazu Tanaka, President & CEO) announced today that it will reorganize some operations effective October 1 2009 to respond to the challenges of the changing market environment, accelerate strength and expansion, and reinforce profitability while enhancing corporate value.
1. Purpose
(1) Strengthen Research & Development and New Businesses
- Accelerate development of new products targeted for commercialization within 2-3 years.
- Accelerate commercialization of large-scale next generation businesses in new market areas.
- Strengthen production technology structure to support (a) and (b).
(2) Strengthen Public Relations
- (a) Strengthen public relations to accelerate communication related to company management to stakeholders and enhance corporate value.
2. Outline (See attachments 1 & 2)
(1) Strengthen Research & Development and New Businesses
| Purpose | Changes |
|---|---|
| 1. Accelerate development of new products targeted for commercialization within 2-3 years. | Form [New Materials Development Center] (Responsible Officer: Akihiro Yamaguchi, Executive Vice President). Consolidate new product development functions of the Performance Materials Business Sector’s Development Center and the Research Center. |
| 2. Accelerate commercialization of large-scale next generation businesses in new market areas. | Form [New Business Development Division] (Responsible Officer: Toshikazu Tanaka, President & CEO). Accelerate new business commercialization and development of new business models. |
| 3. Strengthen production technology structure to support (a) and (b) | Consolidate [Technology Lab.] of the Performance Materials Business Sector’s Development Center and part of the functions of the [Development Dept.] in the Advanced Chemicals Business Sector with the Production & Technology Center. |
（2）Strengthen Public Relations
| Change |
|---|
| (a) Separate public relations functions from the CSR & Corporate Communications Division (Corporate Social Responsibility Center) and form a new Corporate Communications Division (Responsible Officer: Toshikazu Tanaka, President & CEO). |
| (b) Change name of CSR & Corporate Communications Division to CSR Promotion Division. |
3. Changes Effective
October 1 2009
| Change | Purpose | |
|---|---|---|
| 1 | Dissolve [Quality Assurance Dept.] in Business Planning & Development of the Performance Materials Business Sector. | Transfer quality assurance functions of the Performance Materials Business Sector to the Quality Assurance Division of the Corporate Social Responsibility Center |
| 2 | Form [Polymer Processing Dept.] in the New Materials Development Center. | Consolidate all functions related to the development of polymer processing |
| 3 | Change name of the EOG Dept. in the Industrial Chemicals Division to [Industrial Chemicals Dept.]. Some products currently under the Fine & Performance Chemicals Division’s Specialty Chemicals Dept. (hydroquinone, resorcinol, etc.) will be transferred to the [Industrial Chemicals Dept.]. | Enhance market and client synergy of EOG Dept. products with products such as hydroquinone, resorcinol, etc. |
| 4 | Transfer functions of the [Process Safety & Disaster Prevention Technology Dept.] in the Safety & Environment Division to the Process Technology Center in the Production & Technology Center. | Reinforce process safety synergy by consolidating divisions with related functions to optimize process safety technology. |
| 5 | Form the [Collaboration Project Dept.] at Ichihara Works | Actualize production optimization project in the Chiba area. |
Mitsui Chemicals Organization Chart
Current Organization
Reorganization (on October 1, 2009)
Attachment
Mitsui Chemicals To Reorganization Business Structure(PDF:130KB)
