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MOSCOW (MRC) -- Kuraray’s Elastomers
Business Unit will raise the transaction prices of following elastomer products
in all regions effective 1 February 2021 or as existing supply agreements allo,
reported GV.
All Septon,
Hybrar and TU-Polymer prices will rise by USD 0.22 per kilogram (USD 0.10
per pound).
The company said that in response to increasing feedstock
prices, utility and logistics costs, the transaction prices of these specialty
high performance materials have been raised in the end of last year. However,
such costs have been much higher than estimated. This time, it is necessary
again to recover a portion of these increases to ensure ongoing supply and new
product innovation, the compnay said in a statement from 12 January
2021.
As MRC
wrote before, in June, 2020, Kuraray Co., Ltd. announced its decision to
modify the production item lineup of its meltblown nonwoven fabric production
facility, which is located on the premises of the Okayama Factory, a facility
run by nonwoven fabric production and sales subsidiary Kuraray Kuraflex Co.,
Ltd. that was undergoing expansion at that time. This move will result
in the production of face mask filters at the said facility and is aimed at
meeting surging demand for nonwoven fabrics for use as mask filters.
We
remind
that in October 2019, Kuraray took off-stream its vinyl acetate
monomer (VAM) production in Okayama, Japan) for a scheduled
maintenance. This production with a capacity of 160,000 mt/year
was shut for about one month.
VAM is the main feedstock for the
production of ethylene-vynil-acetate (EVA).
According to MRC's DataScope report,
Novemberl EVA imports to Russia rose by 6,6% year on year to 3,650
tonnes from 3,420 tonnes a year earlier, whereas overall imports of this
grade of ethylene copolymer into the Russian Federation dropped in
January-November 2020 by 3,44% year on year to 34,680 tonnes (35,920 tonnes a
year earlier). |
