Kuraray America, Inc.’s EVAL™ Business Unit announced today that it will raise the selling price of all commercial and XEP grades of EVAL™ EVOH resin by $0.09/pound effective December 1, 2017 or as contracts allow.
Roman Barski, Senior Director of Sales of the EVAL™ Business Unit, said, “These increases are necessary in response to a fundamental increase in raw materials impacting our manufacturing operations.”
“Despite our best efforts to mitigate these increased costs from our raw material suppliers and service providers through productivity improvements, cost controls, energy recovery projects, and efficient capital expansions, these actions are necessary due to the hardship caused by the escalation in raw materials costs. By taking these actions, Kuraray will be able to maintain a stable supply of products now and in the future.” said Barski.
We will continue to support our customers with the exceptional level of technical service and support, product quality, and customer service our customers have come to expect from Kuraray.
Founded in 1926, Kuraray Co., Ltd is a world leader in specialty chemicals, polymers, fibers and textiles. Headquartered in Tokyo, Japan, Kuraray has over 7,000 employees worldwide with over 800 in the United States. Kuraray’s regional headquarters for the Americas is based in Houston, Texas, and operates under the legal name, Kuraray America, Inc. For more information, visit www.kuraray.us.com.
Our EVAL™ production site in the Americas was founded in Houston, Texas in 1983. Production began in 1986 with an initial capacity of 10,000 MT. Today, the American plant’s capacity is 47,000 tons and will expand to 58,000 tons in 2018. Kuraray’s Technical Service Center, Sales, and Marketing teams are located in Houston and service our North and South American customers.