Kuraray : Price Increase of SEPTON™, HYBRAR™ and TU-Polymer
April 03, 2024 at 10:04 pm EDT
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Kuraray Co., Ltd.
The Elastomers Business Unit will raise the transaction prices of following Elastomer products in all regions effective Apr 15, 2024 or as existing supply agreements allow: ALL SEPTON™, HYBRAR™ and TU-Polymer: $0.33 per kilogram ($0.15 per pound).
Increasing feedstock prices, utility and logistics costs have reached to the level beyond unilaterally absorbable by self-saving efforts. This time, it is necessary to recover a portion of these increases to ensure ongoing supply and new product innovation.
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04 April 2024 and is solely responsible for the information contained therein. Distributed by
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04 April 2024 02:03:02 UTC.
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%).