Kumho ups EPDM prices on higher feedstock costs

Akron, Ohio – South Korean EPDM maker Kumho Polychem Co. recently announced a price increase of 7 cents per pound effective 1 Sept in the US market.

High ethylene prices were the reason, according to Mike Sibley, managing partner-EPDM, for Intertex World Resources Inc., exclusive North American distributor of Kumho Polychem EPDM.

Ethylene represents 65-70% of the cost of EPDM, Sibley said. “When it goes up as it has in the last year or so, it’s a huge hit,” he said.

Ethylene prices in Asia topped out at…

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