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Kuraray to build greenfield EVA and co-block thermo-elastomers plant

April 12/2013

MOSCOW (MRC) -- Kuraray ( Chiyoda-ku, Tokyo) will break ground on a greenfield Kuraray Poval (PVOH) plant located in La Porte, Texas, according to Plastemart.

This new plant will add to Kurarays vast portfolio of manufacturing in the United States, including EVA (ethylene vinyl acetate) and SEPTON (co-block thermo-elastomers).

Kurarays Poval plant will have a production capacity of over 40,000 tonnes in its first phase.

Kurarays strategy for growth within the Houston area is due to developments in natural gas exploration technology, specifically shale gas and the excellence of area infrastructure and ideal workforce.

With the new plant, Kuraray will be able to supply Poval to customers with global needs and provide the ability to second source materials from its own facilities in order to meet the increasing demand. Along with global presence, Kuraray provides unique technical service that allows customers to develop new applications and grades all in-house.

We remind that, as MRC reported previously, in the first half of 2012, Kuraray agreed to acquire MonoSol, LLC., a U.S. based manufacturer of polyvinyl alcohol  film, in support of Kuraray's strategy to expand its "Vinyl Acetate Chemical Chains Business" which is one of the core businesses of Kuraray, and has reached an agreement with MonoSol Holdco, LLC, the parent company of MonoSol, regarding this transaction.

Kuraray has a long history in production of vinyl acetate production starting in 1926 with the production of synthetic rayon, which was cutting-edge technology at the time. In the 1950s, Kuraray became Japan's first domestic producer of synthetic fiber, becoming a world leader in the commercialization of PVOH (Kuraray Poval) fiber under the KURALON brand.  


mrcplast.com
Author:Margaret Volkova
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Category:General News
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