# Mitsui Chemicals and Asahi Kasei merge nonwoven businesses into M.A. Life Materials

Mitsui Chemicals and Asahi Kasei established M.A. Life Materials on October 2, 2023, by integrating their nonwoven fabric businesses. The new company plans to integrate production bases in Thailand by 2025-2026 and domestic systems by around 2027, targeting revenue of 100 billion yen by around 2030.

- Type: Acquisition
- Announced: 2023-10-25
- Where: Tokyo, Japan, Japan
- Status: announced
- Products: nonwoven fabrics, synthetic resins, filters
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [M.A. Life Materials Co., Ltd.](https://endata.com/companies/72980.md)
- [Asahi Kasei](https://endata.com/companies/8888.md) (investor)
- [Mitsui Chemicals](https://endata.com/companies/19809.md) (investor)

## Sources

- [newswitch.jp](https://newswitch.jp/p/39014), 2023-10-26: "三井化学と旭化成で培われた不織布関連技術を融合させ、産業材料分野を開拓する"

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