Idemits to launch SM price system similar to Sumitomo

摘要

Japan's Idemitsu Petrochemical plans to launch a monthly contact price system for styrene monomer with its buyers in China and Taiwan, a company source said Mar 25. The componnets of the CP are to be similar to Sumitomo and Mitsubishi Chemicals, which pioneered a new Japan-China-Taiwan monthlycontact price system in January.