Kuraray Elastomers: Price Increase of SEPTON™, HYBRAR™ and TU-Polymer
Hattersheim am Main, January 26th, 2017 − Kuraray will raise the transaction prices of its Elastomer products SEPTON™, HYBRAR™ and TU-Polymer by $ 0.45 per kilogram ($ 0,20 per pound) in all regions effective March 1, 2017, or as existing supply agreements allow.
Increasing feedstock prices during the course of 2016 and at the beginning of 2017 have increased 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.
The Kuraray Group is an expanding, stock exchange listed specialty chemicals company headquartered in Tokyo, Japan, with around 10,000 employees and annual sales of over EUR 4 billion. Kuraray Europe GmbH is a wholly owned subsidiary headquartered in Hattersheim am Main and has around 850 employees. Kuraray is one of the largest suppliers of polymers and synthetic microfibers and an international leader in the development and use of innovative high-performance materials for many industries.
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