Kuraray : Price Increase of SEPTON, HYBRAR and TU-Polymer
January 25, 2017 at 09:07 pm EST
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January 26, 2017
Kuraray Co., Ltd.
The Elastomers Business Unit will raise the transaction prices of following Elastomer products in all regions effective March 1, 2017 or as existing supply agreements allow ALL SEPTON, HYBRARand TU-Polymer: $0.45 per kilogram. ($0.20 per pound)
Increasing feedstock prices during the course of 2016 and early 2017 have increased the costs to produce these specialty high performance materials. It is necessary to recover a portion of these increases to ensure ongoing supply and new product innovation.
Kuraray Co. Ltd. published this content on 26 January 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 26 January 2017 02:07:02 UTC.
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Kuraray Co., Ltd. is the world's leader in the manufacturing and marketing of chemical products, resins and synthetic fibers. Net sales break down by family of products as follows:
- chemical and resin (45.6%): functional resins and films, elastometers, thermoplastics, adhesives, fine chemistry products, etc. primarily for cosmetic products, televisions and mobile phones screens, foot packaging and paper manufacturing;
- fibers and textile products (29.8%): synthetic fibers and man-made leather, polyester, nonwoven textile products, resins, etc. sold under the brands Kuralon, Clarino Vectran and Kuraflex;
- functional materials (18.8%): methacrylic resin, medical chemicals, carbon materials, etc.;
- other (5.8%): primarily dental treatment and water purifying products.
At the end of 2019, the group had 52 production worldwide.
Net sales break down geographically as follows: Japan (27.1%), China (13.8%), Asia (12.3%), Europe (23.6%), the United States (18.5%) and other (4.7%).