Kuraray will raise the prices of its hydrogenated styrenic thermoplastic elastomers Septon and Hybrar as well as TU polymers globally, beginning with shipments on October 15. The price increase is $0.22 per kilogram. Regarding the price increase, the company said, “The increase in costs for the subject products, including key raw materials, utility and logistics costs, and repair costs, is...
Kuraray posted for the first half of the current fiscal year net sales of 411.22 billion yen ($2.81 billion), up 7.9%; operating income of 45.46 billion yen, up 11.0%; ordinary income of 44.02 billion yen, up 14.2%; and net income of 30.45 billion yen, up 39.4%. The company achieved record-high sales and profits for the first half of the fiscal...
Kuraray has acquired ISCC PLUS certification, an international certification system for sustainable products, for MPD (chemical name: 3-methyl-1,5-pentanediol) produced at its Niigata Plant in Tainai City, Niigata Prefecture. The certification ensures that biomass and recycled raw materials are properly managed in the supply chain, including product manufacturing, in a mass-balance manner. Kuraray is implementing its medium-term management plan Passion 2026,...
Kuraray will raise the prices of Kuraray polyols globally, effective July 1 for shipments. The affected products are certain brands of Kuraray polyols (P-series, F-series, and O-series). The price increase will be 12 yen per kilogram for Japanese domestic shipments and $0.10 per kilogram for overseas shipments. The company states that the price increase was decided in order to maintain...
Kuraray recently held an opening ceremony at its new isoprene-related business plant in Thailand to mark the start of operations. The new plant was constructed in the WHA Eastern Industrial Park within the petrochemical complex in Map Ta Phut, Rayong Province, and has been in operation since February. Established by Kuraray GC Advanced Materials and Kuraray Advanced Chemicals (Thailand), the...
Kuraray Plastics has revamped its organizational structure in 2023, shifting from a business unit structure to a cross-functional organization. The new setup consists of a Sales Division, Production Technology Division, and Product Development Division. The Sales Division now comprises five sales departments, including Rubber & Chemicals, Housing Materials, Film & Sheet, Earneston, and New Market Development. The transition to a...
