Zeon Considers New Specialty Rubber Plants, Targets Sales of 500B Yen for 2020

Zeon Corp. (TYO:4205) recently announced SZ-20 Phase III, a new medium-term management plan covering the four fiscal years from 2017 to 2020. The plan sets a target for consolidated net sales of at least 500 billion yen ($4.47 billion) in fiscal 2020. Zeon expects that two businesses, elastomers and advanced functional materials, will each account for 250 billion yen of…

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