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Kuraray increases prices of Septon, Hybrar and TU-Polymer

January 18/2021

MOSCOW (MRC) -- Kurarays 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).
Author:Margaret Volkova
Tags:vinilacetat, EVA, copolymer, elastomer, ethylene, medicine, nonwovens, petrochemistry, Kuraray, Russia, Japan.
Category:General News
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