JAPAN -- Tokyo-based Kuraray Co., Ltd. announced the expansion of polyvinyl acetate (PVA) resin production facility at its European subsidiary Kuraray Europe GmbH (Kurarays wholly owned subsidiary in Frankfurt, Germany).
In response to growing demand for PVA resin in European markets, Kuraray decided to expand production facilities to secure a stable supply system in Frankfurt, Germany. By this action annual production capacity would be increasing by 24,000 tons to 94,000 tons with a capital investment of approx. ?8 million. The planned commencement of operations is the first quarter of fiscal 2013.
Kuraray was founded in 1926 for the purpose of commercializing synthetic rayon. In 1950 during the post-World War II period, as Japans first domestic producer of synthetic fiber based on original Japanese technologies, Kuraray dominated in the commercialization of PVA (poval) fiber under the KURALON brand, ushering in Japans pioneering era in the chemical synthetic fiber industry
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