Mitsui Chemicals Inc. (TYO:4183) achieved a strong performance in the first half of fiscal 2015 (April–September) for EPDM (ethylene propylene diene terpolymer) rubber. Contributing factors were a weak yen and low naphtha prices. Shanghai Sinopec Mitsui Elastomers Co. Ltd. (SSME), Mitsui Chemicals’ joint venture for EPDM production in China that went onstream at the end of 2014, started up again in...
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by Yasuhiko Shimizu, Chief Editor E-media Ethylene propylene diene monomer (EPDM), a synthetic rubber used in products including automobile parts and electrical cables, is currently in global oversupply. EPDM is a synthetic rubber with superior electrical properties and outstanding resistance to weather, ozone, heat, cold and chemicals. A large share of overall production is used in the manufacture of...
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