11/03/2011 |

KEG raises prices for its Polyvinyl alcohol products (“PVA” - “PVOH”) in Europe, Africa and Middle East

Effective April 01st. 2010, or as contract terms allow, KEG will be increasing its sales prices for Polyvinyl alcohol products in Europe, Africa and Middle East by 150 Euro per metric ton. Polyvinyl alcohol products and its specialities are market by Kuraray under the brand names Mowiol®, Mowiflex®, ®Kuraray Poval and ™Exceval.

The price adjustments are related to the recent increases of raw material costs and significant rise in energy- and logistic costs.

This increase affects the Polyvinyl alcohol business of KEG into all industries and applications, that are –among others – adhesives, paper coatings, emulsion polymerisation, plastic production / –processing, textiles and ceramics, nonwovens, glass fibers, building products and paints and coatings.

KEG is the European organization of Kuraray that accounts responsible for Kuraray’s business of Polyvinyl alcohol in the region Europe, Africa and some selected markets within Middle East. This inevitable priceadjustment is part of a global initiative of Kuraray.

For more details, customers are asked to contact your known KEG representatives.


Kuraray Europe GmbH (www.kuraray-pva-pvb.de or www.kuraray.eu) is leading producer and supplier of Polyvinyl alcohol (PVA), Polyvinyl butyral (PVB) und PVB-Films in Europe. The company is based in Frankfurt – Main, Germany. Here – in the Industrial park Höchst – KEG also operates the production units for Polyvinyl alcohol (Mowiol) and Polyvinyl butyral (Mowital). The production of PVB-Films (Trosifol) is located in Troisdorf near Cologne. The products are used in the paper- and adhesives industry, for the production to technical ceramics, paint and coatings as well as raw material for safety laminated glass. In Germany, Kuraray Europe GmbH employs 480 people of what 280 are based in Industrial park Höchst.

Kuraray Europe GmbH is a wholly owned subsidiary of the Japanese KURARAY CO. LTD. headquartered in Tokyo. Next to chemical specialities and polymers, Kuraray produces fibres, high performance materials and medical products. In the production of the water-soluble polymer Polyvinyl alcohol Kuraray is world market leader. Kuraray employs about 7000 people worldwide.

 

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