Mitsui & Co., Ltd. ("Mitsui") announced
today that it has purchased additional shares in Mitsui Chemicals, Inc. ("Mitsui
Chemicals") with following details.
Please scroll horizontally to look at table below.
of shares addionally purchased
|As of Dec.31, 2006
|As of May 21, 2007
Mitsui considers Mitsui Chemicals to be one of the
most important strategic partners in the chemical industry. With the acquisition
of additional shares, Mitsui aims to further strengthen its relationship with
Mitsui Chemicals, reinforcing strategic partnership with the company in various
areas, including but not only Petrochemicals, Basic Chemicals, Performance Polymer
Materials, and Performance Chemicals and Engineering Materials, which the company
considers as their core businesses. Joint studies on various projects and/or
business collaboration shall be included in the scope of the deal.
Headquartered in Tokyo, Japan, Mitsui Chemicals is one of the
diversified chemical company in Japan with offices in Europe, China, Korea,
Southeast Asia and America. As a worldwide leader in the chemical industry,
the company is actively engaged in numerous industry segments including Petrochemicals,
Basic Chemicals, Performance Polymer Materials, and Performance Chemicals and
This press release includes forward-looking statements about Mitsui. These forward-looking statements are based on the current assumptions and beliefs of Mitsui in light of the information currently available to it, and involve known and unknown risks, uncertainties and other factors. Such risks, uncertainties and other factors may cause Mitsui's actual results, performance, achievements or financial position to be materially different from any future results, performance, achievements or financial position expressed or implied by these forward-looking statements. The risks, uncertainties and other factors referred to above include, but are not limited to, those contained in Mitsui's latest annual report on Form 20-F, which has been filed with the U.S. Securities and Exchange Commission.
This press release is published in order to publicly announce specific facts stated above, and does not constitute a solicitation of investments or any similar act inside or outside of Japan, regarding the shares, bonds or other securities issued by us.