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...
Sumitomo Chemical Co. Ltd. (TYO:4005) and Saudi Aramco have been moving forward somewhat more slowly than anticipated with the ethylene propylene diene monomer (EPDM) plant under their joint Petro Rabigh project. But now the plant, scaled at 75,000 tons in annual production, looks to achieve mechanical completion sometime around April–June this year. Once there are finished products on hand, plans...
JSR Corp. (TYO:4185) has raised its prices on synthetic rubber and emulsion products, starting with deliveries from Feb. 1. The company says that the hikes are in response to increased prices of raw materials in domestic naphtha. These come on the back of a weakening yen and the high price of crude oil, along with skyrocketing butadiene prices since last...
Materials and technology exhibition N-Plus is taking place at Tokyo Big Sight over Sept. 28–30. Exhibitors from a variety of manufacturing industries, joined by companies involved in the rubber industry, are targeting visitors who seek advanced performance and added-value technologies and materials. Held annually, N-Plus represents a good opportunity for companies to gain exposure and acclaim for their newly developed...
Major Japanese oil refiner and distributor JX Nippon Oil & Energy Corp. has developed an “injection-moldable rubber” using an innovative elastomer with a mechanism based on a new concept. A manufacturer and supplier of ethylidene norbornene (ENB), a raw material for ethylene propylene rubber (ethylene propylene diene monomer, or EPDM), JX Energy enjoys a 70 percent share in the world...
Mitsui Chemicals Inc. (TYO:4183) achieved a strong performance in the first half of fiscal 2015 (April–September) for EPDM (ethylene propylene diene terpolymer) rubber. Contributing factors were a weak yen and low naphtha prices. Shanghai Sinopec Mitsui Elastomers Co. Ltd. (SSME), Mitsui Chemicals’ joint venture for EPDM production in China that went onstream at the end of 2014, started up again in...
