Zeon Corp. (TYO:4205) and Sumitomo Chemical Co. Ltd. (TYO:4005) have reached a basic agreement to begin looking into the consolidation of the two companies’ solution styrene butadiene rubber (S-SBR) businesses. Zeon and Sumitomo Chemical will, by the end of September, complete due diligence and studies pertaining to the nature of the business consolidation. Any definitive agreements stemming from this would...
Sumitomo Chemical Co. Ltd. (TYO:4005) is continuing to make inroads on the solution styrene butadiene rubber (S–SBR) market in Europe. For European winter tires, the company has developed a new grade of S–SBR that improves cold resistance while also providing grip performance and fuel efficiency. Capable of maintaining its pliability in cold-weather regions, the new grade of S–SBR is currently...
by Yasuhiko Shimizu, Chief Editor E-media Ethylene propylene diene monomer (EPDM), a synthetic rubber used in products including automobile parts and electrical cables, is currently in global oversupply. EPDM is a synthetic rubber with superior electrical properties and outstanding resistance to weather, ozone, heat, cold and chemicals. A large share of overall production is used in the manufacture of...
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