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Mitsui Chemicals Plans Strategic Split to Boost Green Initiatives

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Mitsui Chemicals Plans Strategic Split to Boost Green Initiatives

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Mitsui Chemicals ( (JP:4183) ) has issued an announcement.

Mitsui Chemicals is considering splitting off its Basic & Green Materials business to enhance its business structure and promote green initiatives. This strategic move aims to foster collaboration with other companies, improve competitiveness, and support Japan’s industrial competitiveness by creating a strong, independent green chemicals business entity by 2027.

The most recent analyst rating on (JP:4183) stock is a Sell with a Yen3650.00 price target. To see the full list of analyst forecasts on Mitsui Chemicals stock, see the JP:4183 Stock Forecast page.

More about Mitsui Chemicals

Mitsui Chemicals, Inc. operates in the chemical industry, focusing on petrochemicals and specialty chemicals. The company is involved in producing life and healthcare solutions, mobility solutions, ICT solutions, and basic and green materials, aiming to support Japanese industry and promote a shift to green chemicals.

Average Trading Volume: 1,107,379

Technical Sentiment Signal: Sell

Current Market Cap: Yen588.7B

For a thorough assessment of 4183 stock, go to TipRanks’ Stock Analysis page.

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