GELEEN, Netherlands (Nov. 24)—DSM Elastomers plans to build an EPDM rubber plant in China, is interested in buying a share of Advanced Elastomer Systems, and expects an EPDM shortage next year. Peter Hamm, president of the elastomers division of DSM N.V., said DSM Elastomers has selected an undisclosed site for an EPDM plant in China, which will be built with a local partner. The facility would be rated at 80,000 metric tons per year. Hamm said DSM Elastomers is waiting for documentation concerning the possible purchase of the share of thermoplastic elastomer producer AES that Solutia has put up for sale. However, he said the fact that EPDM producer ExxonMobil is the other partner in the joint venture has made the negotiations difficult. He also predicted an EPDM shortage next year, and his company already is restricting some grades to build stocks and maintain supplies in 2001.
DSM to build EPDM plant in China; wants share of AES
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