Sumitomo Chemical Co. Ltd.’s (TYO:4005) business for ethylene propylene diene monomer (EPDM) performed well in fiscal 2017, operating at full capacity and selling all products that were produced. But with supply and demand remaining at a tight balance, the company has been unable to keep up with increasing demand, and expects this trend in demand to continue for fiscal 2018....
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Sumitomo Chemical Co. Ltd.’s (TYO:4005) ethylene propylene diene monomer (EPDM) business has transitioned to the point where all EPDM products being produced are selling. The company’s EPDM sales to Japanese auto parts manufacturers in China are robust. Furthermore, a new EPDM plant in Saudi Arabia with an annual production capacity of 75,000 tons will begin operations within the current fiscal...
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