# Zeon to take full ownership of ZS Elastomers from Sumitomo Chemical

Zeon Corp. will acquire Sumitomo Chemical's 40% stake in ZS Elastomers, a solution styrene-butadiene rubber joint venture, making it a wholly owned subsidiary effective October 1, 2024.

- Type: Acquisition
- Announced: 2024-06-14
- Where: Tokyo, Japan, Japan
- Status: announced
- Products: solution styrene-butadiene rubber (SSBR)
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Zeon Corp](https://endata.com/companies/15618.md) (acquirer)
- [Sumitomo Chemical](https://endata.com/companies/20503.md) (target)
- [ZS Elastomers](https://endata.com/companies/78044.md) (target)

## Sources

- [european-rubber-journal.com](https://www.european-rubber-journal.com/article/2095669/zeon-to-take-over-full-ownership-of-zs-elastomers-jv-with-sumitomo-chemical), 2024-06-14: "Zeon will dissolve the JV and then make it a ‘wholly owned subsidiary’ on 1 Oct."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.