Mitsui Chemicals, Sinopec ink agreement to establish an EPT joint venture

Japan’s Mitsui Chemicals Inc. and China Petroleum & Chemical Corp. (Sinopec) have signed an agreement to establish a joint venture (JV) company for the production and distribution of ethylene-propylene-diene terpolymer (EPT), as per Japan Corporate News NetWork. The new plant, scheduled for commercial operation in Q1-2014, is expected to be the world's largest state-of-the-art plant in EPT production.
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