Kuraray Elastomers: Price Revision for Liquid Rubber, Trans Polyisoprene and ISOBAM
Hattersheim am Main, January 26th, 2017 − Kuraray will raise the prices of Liquid Rubber, Trans Polyisoprene and ISOBAM for shipments starting from March 1st, 2017, as follows:
|Liquid isoprene rubber||US$ 0.23/kg||US$ 0.10/lb||Euro 0.21/kg|
|Liquid Butadiene rubber, ec.||US$ 0.68/kg||US$ 0.31/lb||Euro 0.63/kg|
|Trans-polyisoprene rubber||US$ 0.23/kg||US$ 0.10/lb||Euro 0.21/kg|
|ISOBAM isobutylene water-soluble resin||US$ 0.23/kg||US$ 0.10/lb||Euro 0.21/kg|
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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