05/07/2012 |

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

Effective July 01^st. 2012, or as contract terms allow, KEG will target an increase of its sales prices for Polyvinylalcohol products in Europe, Africa and Middle East in a range of € 100 - €130 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 as well related to the recent level of raw materials, based on increased, and on a high level remaining, feed stocks, as significant rise in utility costs, logistic costs, and several general costs.

This increase affects the Polyvinyl alcohol business of KEG into all industries and applications, that are –among others – adhesives, paper coatings, emulsion polymerization, 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 Polyvinylalcohol in the region Europe, Africa and some selected markets within Middle East.

This inevitable price adjustment is part of a global initiative of Kuraray.

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