ZS Elastomers (ZSE), the new joint venture between Zeon Corporation and Sumitomo Chemical, is to begin operations on April 3 and consolidates the two companies’ SSBR businesses.
Having already obtained regulatory approvals on the business consolidation both in Japan and overseas, ZSE takes over sales and R&D of Zeon and Sumitomo Chemical. Outside Japan, ZSE will also handle products manufactured by each company’s relevant subsidiaries in Singapore.
The new joint venture will work to expand the SSBR 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.
March 21, 2017