Sumitomo Chemical Co. Ltd.’s (TYO:4005) ethylene propylene diene monomer (EPDM) business has transitioned to the point where all EPDM products being produced are selling. The company’s EPDM sales to Japanese auto parts manufacturers in China are robust. Furthermore, a new EPDM plant in Saudi Arabia with an annual production capacity of 75,000 tons will begin operations within the current fiscal…
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