SEOUL, South Korea—Kumho Polychem Co. Ltd. increased prices for its EPDM products as of Sept. 1, citing cost pressures and "current market circumstances" as the driving factors.
The price increase, about $150 per metric ton, will help the company improve its supply and support further research and development, according to a Kumho letter.
A Seoul-based producer of EP/EPDM rubber, Kumho Polychem operates as a subsidiary of Kumho Petrochemical Group.