Zeon Corporation says it has signed a letter of intent to acquire the remaining 40% stake in joint venture firm ZS Elastomers Co from Sumitomo Chemical. The expected completion of the transaction is September 2024, after which ZS will be…
Tag: Sumitomo Chemical
Sumitomo Chemical to cease EPDM production at Chiba Works; to halt sales by 2023
Tokyo-headquartered Sumitomo Chemical has decided to end production of ethylene-propylene-non-conjugated diene rubber (EPDM) at its Chiba Works in Japan, and to stop selling the synthetic rubber product by the end of March 2023. To boost the competitiveness of its EPDM…
Sumitomo Chemical, Zeon S-SBR JV to begin operations in April
A new joint venture between major Japanese chemical company Sumitomo Chemical Co., Ltd. and Japanese chemicals manufacturer Zeon Corporation that consolidates that two companies’ solution styrene-butadiene rubber (S-SBR) business units will begin its operations on April 3, 2017. The two…