Kuraray has obtained ISCC PLUS certification, an international certification system for sustainable products, for six vinyl acetate-related products at four group companies and four production facilities in the U.S. and Europe by October 2024. The company has established a certified supply chain between Europe and the United States, starting with vinyl acetate (VAM) produced at the La Porte Plant in...
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Kuraray Says Isoprene Sales Up in Fiscal 2024: Financial Results
Kuraray reported net sales of 826.90 billion yen ($5.53 billion) for the fiscal year ended December 31, 2024, up 5.9% from the previous year; operating income of 85.08 billion yen, up 12.7%; ordinary income of 81.48 billion yen, up 18.0%; and net income of 31.72 billion yen, down 25.3%. Sales reached a record high. The isoprene segment posted sales of...
Kuraray to End Production of Kurarity Acrylic Block Copolymer
Kuraray will discontinue production and sales of the acrylic block copolymer Kurarity at the end of June 2026. Since its commercialization in 2012, the business environment has remained severe. The company has determined that it will be difficult to secure earnings that will allow it to continue its business in the future and to continue stable production....
Kuraray Raises Prices of Septon and Other Products Globally
Kuraray has raised prices globally for hydrogenated styrenic thermoplastic elastomers Septon, Hybrar, and TU-Polymer, effective for shipments on February 1. The price increase is $0.33 per kilogram. Regarding the price increase, the company said, “In addition to the price of key raw materials, the increase in various costs, including utility and logistics costs and repair costs, is beyond the scope...
Kuraray Raises Prices of Septon and Other Elastomers
Kuraray will raise the prices of its hydrogenated styrenic thermoplastic elastomers Septon and Hybrar as well as TU polymers globally, beginning with shipments on October 15. The price increase is $0.22 per kilogram. Regarding the price increase, the company said, “The increase in costs for the subject products, including key raw materials, utility and logistics costs, and repair costs, is...
Kuraray Posts Record Sales and Profits in First Half: Financial Results
Kuraray posted for the first half of the current fiscal year net sales of 411.22 billion yen ($2.81 billion), up 7.9%; operating income of 45.46 billion yen, up 11.0%; ordinary income of 44.02 billion yen, up 14.2%; and net income of 30.45 billion yen, up 39.4%. The company achieved record-high sales and profits for the first half of the fiscal...