Mitsui & Co. News

Houston-Area Petrochemical Blaze Extinguished, Company Says

Firefighters on Wednesday extinguished a fire at a Mitsui & Co. petrochemical storage site outside Houston that has been billowing acrid smoke for days, the company said. The blaze at Mitsui unit Intercontinental Terminals Co. in Deer Park, Texas, was …

Mitsui Buys 15% Stake in XL’s ILS Firm, New Ocean Capital

Mitsui & Co., Japan’s second-biggest trading house, agreed to purchase a 15 percent stake in New Ocean Capital, the asset manager that was founded by XL Group Ltd. and Stone Point Capital to make insurance-related bets. Mitsui also committed $100 …