Mitsui: “Healthy” elastomer demand, ahead of US project

Tokyo – Mitsui Chemicals Inc. has reported strong automotive sector demand for its elastomer materials in the third quarter of the group’s current fiscal year.

The positive trend was seen mainly in overseas market, Mitsui said in a report on its financial performance for the three months to 31 Dec.

On the other hand, “terms of trade unfavourable due to upward swing in raw material prices,” the Japanese group stated 5 Feb.

Looking to fourth-quarter activities, Mitsui said it is set to start construction work to expand…

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