Kuraray Co. Ltd.

05/20/2024 | Press release | Distributed by Public on 05/19/2024 20:04

Price revisions for KURALON™ PVA fiber, KURALON K-II™ PVA fiber, and Polyester Staple Fiber

Kuraray Co., Ltd.

 Kuraray announced its decision to revise the price of KURALON™ PVA fiber, KURALON K-II™ PVA fiber, and Polyester Staple Fiber for shipments on or after June 1, 2024.

 In addition to the rising cost of utilities, key raw materials, and sub-materials for the subject products, the cost of domestic and export logistics is also soaring, exceeding the scope of cost absorption through the Company's internal efforts.

 Under these circumstances, Kuraray has decided to implement the following price revisions set out below to maintain a steady supply.

1. Scope of revision ・KURALON™ and KURALON K-II™ for domestic and overseas
・Polyester staple fiber for domestic and overseas
2. Price increase 10%
3. Effective date Shipments on or after June 1, 2024