Digital transformation in Mitsubishi Chemical Corporation

Digital transformation in Mitsubishi Chemical Corporation.

Mitsubishi is a Japanese company founded in 1870 by Yataro Iwasaki.

This company was initially engaged in the field of ship construction and later entered the field of insurance.

During the following decades, the company entered the aircraft and equipment manufacturing industry. Finally, with the development of the company’s business and entering into other industries, the company became Mitsubishi Holding, which has many subsidiaries.

One of the companies of this holding is Mitsubishi Chemical Corporation, which is active in the production of chemicals, polymers and carbon-based composites, and is now the ninth producer of chemical products in the world.

The path of digital transformation in Mitsubishi Chemical Corporation:
In 2017, Mitsubishi Chemical Corporation launched the Digital Transformation Task Force to be the core and driving force for subsidiaries to develop their digital capabilities. This working group has identified high-value projects to be useful in the development of the company’s business.

For example, this company uses Digita technologies to improve product quality, optimize and automate business processes, and accelerate the research and development process.

Some of the activities and projects of this company in order to progress with the modern technologies of the world:

Using Internet of Things sensors and real-time data analysis, this company has identified possible failures and the need for repairs to help improve operational efficiency with preventive maintenance.
Supply chain platforms and customer interaction platforms are also among the projects of this company in the path of digital transformation.
Using digital twin simulation technology to create virtual copies of product production processes.
The use of hybrid models to identify new products and increase their quality. • The collaboration of Metropolitan University and artificial intelligence technology presented a natural antibacterial tissue for use in the food packaging industry. This research provides the basis for increasing shelf life and improving the quality, safety and integrity of packaged food on an industrial scale.
These results are a big step towards the new technology of natural, non-chemical and antibacterial packaging for the food and production industries. In the 2010s, Mitsubishi Chemical Corporation, in collaboration with IBM, simulated the initial stages of the reaction between lithium and oxygen in air-lithium batteries. Understanding the chemistry of air-lithium batteries can lead to the production of high-performance batteries to be used in devices such as cars and mobile phones.

• This Japanese company, in cooperation with another petrochemical company, was able to patent bio-polyester and receive its privilege. The production of bio polyester is in line with the approach of reducing carbon emissions and greenhouse gases until 2050.

• One of the company’s opportunities to reduce costs is to minimize energy costs such as electricity supply costs at the company level. For this purpose, Mitsubishi invested in the field of renewable energy to reduce the cost of supplying electricity to its sites. In addition, the use of renewable energy does not cause environmental pollution, and replacing it with fossil energy will help reduce greenhouse gas emissions.