ZS Elastomers Co., Ltd. (ZSE), a new joint venture between Zeon Corporation and Sumitomo Chemical Co., Ltd., will start operations on April 3, consolidating the two companies’ solution styrene-butadiene rubber (S-SBR) businesses_by chemwinfo

17 March 2017

ABOUT ZEON CORPORATION

ABOUT SUMITOMO CHEMICAL

DETAILS

ZS Elastomers Co., Ltd. (ZSE),

a new joint venture between

Zeon Corporation (Zeon: President Kimiaki Tanaka)

and

Sumitomo Chemical Co., Ltd.

(Sumitomo Chemical: President Masakazu Tokura),

will start operations on April 3, consolidating

the two companies’

solution styrene-butadiene rubber (S-SBR) businesses.

Having already obtained regulatory approvals

or clearance on the business consolidation

both in Japan and overseas, ZSE takes over

the sales and R&D functions of Zeon

and Sumitomo Chemical

relating to the S-SBR business as agreed on.

Outside Japan, ZSE is also to handle products

manufactured by each company's

relevant subsidiaries in Singapore.

The new joint venture will work to expand

the S-SBR business by

maximizing multifaceted synergy effects

that are expected to come about

from new product development

driven by fusion of respective company's technologies,

bolstered cost competitiveness,

an enhanced stable supply of products, etc.

READ MORE

Contacts

Zeon Corporation

Department of Corporate Communications

CSR Division

TEL: +81-3-3216-2747

FAX: +81-3-3216-0501

ZEON_PR@zeon.co.jp

Sumitomo Chemical Co., Ltd.

Corporate Communications Dept.

TEL: +81-3-5543-5102

FAX: +81-3-5543-5901

sumika-kouhou@ya.sumitomo-chem.co.jp

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