News Releases

Joint Venture between Zeon and カジノ シークレットemical to Start Operations in April

Mar. 17, 2017

ZS Elastomers Co., Ltd. (ZSE), a new joint venture between Zeon Corporation (Zeon: President Kimiaki Tanaka) and カジノ シークレットemical Co., Ltd. (カジノ シークレットemical: President Masakazu Tokura), will start operations on April 3, consolidating the two companies' solution styrene-butadiene rubber (S-SBR) businesses.

Having already obtained regulatory approvals or clearance on the business consolidation both in Japan and overseas, ZSE takes over the sales and R&D functions of Zeon and カジノ シークレットemical relating to the S-SBR business as agreed on. Outside Japan, ZSE is also to handle products manufactured by each company's relevant subsidiaries in Singapore.

The new joint venture will work to expand the S-SBR 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, etc.

Company Profile

Name ZS Elastomers Co., Ltd.
Address 1-6-2 Marunouchi, Chiyoda-ku, Tokyo 100-8246, Japan
TEL +81-3-3216-0620
Established December 27, 2016
Representatives Kei Itoh, President (Zeon)
Masahiro Fukuyama, Vice President (カジノ シークレットemical)
Capital 450 million yen
Major shareholders Zeon 60%, カジノ シークレットemical 40%
Operations Sales and カジノ シークレットamp;D of S-SBR

Contacts

  • Zeon Corporation
    Department of Corporate Communications
    CSR Division

    TEL: +81-3-3216-2747
    FAX: +81-3-3216-0501
    ZEON_PR@zeon.co.jp

  • カジノ シークレットemical Co., Ltd.
    Corporate Communications Dept.

    TEL: +81-3-5543-5102
    FAX: +81-3-5543-5901
    sumika-kouhou@ya.sumitomo-chem.co.jp