Brief: Sumitomo Chemical and Zeon announce S-SBR business integration and to set up JV

Zeon

02/12/2016 06:20

Dec 2 (Reuters) - Sumitomo Chemical  4005.T  and Zeon 
 4205.T : 
     
    * Announces integration of S-SBR business  
    * The two company will set up a JV in Tokyo on Dec. 8 
    * They will transfer their S-SBR business to the JV 
    * The JV will be engaged in purchase, sale, R & D, 
manufacturing and processing of synthetic rubber 
    * Zeon will hold 60 percent and Sumitomo Chemical will hold 
40 percent stake in the JV 
     
     
    Source text in Japanese: https://goo.gl/nsekfy; 
https://goo.gl/tPSbSt 
    Further company coverage: 4005.T  and  4205.T  
 
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