Mitsui Zosen Machinery & Service Inc. (MZM) and Mitsubishi Chemical Corp (MCC) to Merge for the Sales and Production of Zeolite Membranes
Japan: Mitsui Zosen Machinery &
Service (MZM), Inc., a wholly owned subsidiary of Mitsui Engineering &
Shipbuilding Co., Ltd., is involved in the production and marketing of A-type
zeolite membranes, while Mitsubishi Chemical Corporation (MCC) is engaged in
the development of CHA-type zeolite membranes. Both Tokyo based Companies, MZM
and MCC have signed an agreement to merge for the manufacturing and sales of
zeolite membranes. As per the agreement, MCC would buy MZM’s total output of
zeolite membranes and control the sole rights for the sales in the US as well
as the international market. The companies have already started joint marketing
of a dehydration system utilizing ZEBREXTM zeolite membranes together with A-type
and CHA-type zeolite membranes for the production processes of bioethanol in
the U.S., along with Taiyo Nippon Sanso Corporation.
TechSci Research depicts that
MZM and MCC’s A-type
and CHA-type zeolite membranes development
technologies and the marketing abilities of the Mitsubishi Chemical Holdings
Group’s are expected to strengthen the company’s position, and would lead to expansion
of zeolite Membrane’s business in the US and other countries. This strategic
business move will further improve the membranes market in Japan and globally.
According to the recent report
published by TechSci Research, “United States
Membrane Market By Type (Microfiltration, Reverse
Osmosis, Ultrafiltration and Others), By Application (Water and Wastewater
Treatment, Haemodialysis, Pharmaceutical, Chemical, etc.), Competition Forecast
and Opportunities, 2011 – 2021”, the country’s membrane market is
projected to grow at a CAGR of 8% during 2016 - 2021. Increasing government
investments for setting up water treatment plants in the US is also expected to
drive demand for membranes by water & waste water treatment industry over
the next five years. With water deficient conditions prevalent across various
parts of the country, implementation of water conservation and water recycling
strategies to reuse the water has become a priority, which is augmenting demand
for membranes in the country.