Kuraray Co., Ltd. (President: Fumio Ito; Headquarters: Chiyoda-ku, Tokyo) has announced the establishment of a new PVA resin production facility at its U.S. subsidiary Kuraray America, Inc. (a wholly owned subsidiary in Texas). Details are provided below.
The establishment of this new facility is in line with the Kuraray Groups global strategies for its core business of vinyl acetate and PVA-related products.
Following on business expansion in Japan, Singapore and Europe (Germany) this move will secure a fourth advantageously situated production base for the Group, in this case, in North America where shale gas is easy to procure. Based on proprietary Kuraray production techniques, four production bases can sustainably offer high-quality products on a global scale.
The new facility will be able to meet demands for markets in North America and burgeoning Central and South America.
Kuraray was founded in 1926 for the purpose of commercializing synthetic rayon, which was cutting edge technology at the time. In 1950 during the post-World War II period, as Japans first domestic producer of synthetic fiber based on original Japanese technologies, Kuraray became a world leader in the commercialization of PVA (poval) fiber under the KURALON brand, ushering in Japans pioneering era in the chemical synthetic fiber industry.
Source: Kuraray
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