# Mitsui Chemicals and Asahi Kasei to form nonwovens joint company

Mitsui Chemicals and Asahi Kasei plan to form a new integrated company, Mitsui Chemicals Asahi Life Materials Co., combining their nonwovens businesses, with a tentative start date of October 2, 2023, and estimated annual sales of $370 million.

- Type: Partnership
- Announced: 2023-02-08
- Where: Tokyo, Japan, Japan
- Value: $370.0M
- Status: announced
- Products: nonwovens, spunbond nonwovens, cartridge filters
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Asahi Kasei](https://endata.com/companies/8888.md) (partner)
- [Mitsui Chemicals](https://endata.com/companies/19809.md) (partner)

## Sources

- [nonwovens-industry.com](https://www.nonwovens-industry.com/breaking-news/mitsui-chemicals-asahi-kasei-combine-nonwovens-businesses/), 2023-02-08: "Mitsui Chemicals and Asahi Kasei, two leaders in the Japanese nonwovens industry, have announced a plan to form a new integrated company combining their nonwovens businesses with a tentative start date of October 2, 2023."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.