Japanese chemical firms to collaborate on materials innovation

Tokyo – Japan’s National Institute for Materials Science and chemical makers Mitsui Chemical Corp, Sumitomo Chemical Co., Asahi Kasei Corp., and Mitsui Chemicals Inc., have joined forces to work on a materials open platform (MOP).

The companies issued a joint statement, saying that a memorandum of understanding was signed by the team expecting to promote ‘open innovation’ in the chemicals industry.

“Dramatic changes in the industrial environment driven by the development of AI, big data and IoT, are making it difficult for individual manufacturers to engage in…

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