Mitsui Chemicals, Inc. (Tokyo: 4183; President & CEO: HASHIMOTO Osamu) has signed a memorandum of understanding with Shell Eastern Petroleum (Pte) Ltd, a Singapore registered company, to agree on a supply of ethylene derived from plastic waste. In turn, Prime Polymer Co., Ltd. (Minato-ku, Tokyo; President: FUJIMOTO Kensuke) – part of the Mitsui Chemicals Group – will begin efforts toward the production of chemically recycled polyethylene derived from plastic waste via subsidiary Prime Evolue Singapore Pte. Ltd. (Head Office: Singapore; Managing Director: AOKI Junichiro).