Japan Marubeni plans to expand chemicals business in ASEAN region

Drying equipment

Japan Marubeni plans to expand the chemicals business in the ASEAN region. It is understood that Marubeni's olefin products account for 50% of the market share in the ASEAN region, and in recent years, the company’s trading volume of petrochemical products such as olefins, ethylene glycol (MEG), aromatic products, and carbon black raw materials has been expanded. More than twice the original. In the future, Marubeni will combine logistics factors such as oil tanks to further increase the trading volume of such products. In addition, in terms of functional chemicals, Marubeni is currently working hard to increase the trading volume of fatty acids, fatty alcohols and other oleochemicals. In the future, Marubeni will also take measures such as expanding customer resources to expand the market share of such products. In addition, Marubeni plans to open the first foreign company office in Naypyidaw, Myanmar, and actively promote the development of emerging markets.

Diesel Engine

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