Mitsui Chemical Plans Restructuring To Support Portfolio Transformation

:: 5 Mar  2013 ::

Tokyo - Mitsui Chemicals Inc. (MCI) has detailed its 1 Apr. 2013 organizational restructuring intended to support further acceleration of its portfolio transformation and implementation of safety directives.

The plan involves restructuring of research and development, strengthening its safety management structure and restructuring of the Finance and Accounting Division.
In research and development, the current development divisions of Business Sectors, New Materials Development Center, Catalysis Science Laboratory, Material Science Laboratory and Process Technology Center will be reorganized into organizations with similar research themes, such as Synthetic Chemicals Laboratory, Polymeric Materials Laboratory, Functional Materials Laboratory, Process Technology Center and Advancing Analysis Laboratory.  MCI will also establish the New Products Development Laboratory responsible for new business themes.

The management functions of each research facility and staff functions of the research and development divisions will be incorporated into the Sodegaura Safety, Environment and Administration Division, and renamed the R&D Administration Division.

In light of the Iwakuni-Ohtake Works accident, the Safety & Environment Division, which had been under the head office's Production & Technology Center, will be separated and reestablished as a new Safety & Environment Division to clarify organizational structure signifying that “safety is a top priority."

To accelerate implementation of management support functions and specialized functions, the existing Finance and Accounting Division will be discontinued and reorganized as the Corporate Performance Division and the Finance and Accounting Division.

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