Zeon, Sumitomo Chemical agree on SSBR joint venture

Tokyo – Zeon Corp. and Sumitomo Chemical Co. Ltd are to proceed with plans to merge their solution styrene butadiene rubber (SSBR) businesses into a new joint venture, the companies announced 2 Dec.

The JV, called ZS Elastomers Co. Ltd (ZSE), is to be based in Chiyoda-ku, Tokyo, and will be 60% owned by Zeon and 40% owned by Sumitomo Chemical.

According to Zeon the ZSE venture is scheduled to be established on…

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