BusinessAugust 8, 2026
elastomer
ih-LAS-tuh-mur
Definition
A natural or synthetic polymer that has the property of returning to its original shape after being stretched or deformed.
Etymology
The word is a portmanteau derived from 'elastic' and 'polymer.' It was coined in the early 20th century to describe materials that exhibit rubber-like elasticity.
In the news
In the context of Bando Chemical Industries, elastomers refer to the specialized rubber and plastic materials the company manufactures for industrial applications, which are key drivers of their financial performance.
Bando Chemical Industries (TSE:5195) Stock Climbs On Earnings Strength As Valuation Gap Persists
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