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Kuraray announces price increase for Septon, Hybrar and TU-Polymer lines

Tokyo, Japan – Kuraray’s elastomers business unit will raise the transaction prices of the following elastomer products in all regions effective August 1, or as existing supply agreements allow: all Septon, Hybrar and TU-Polymer: $0.33 per kilogram ($0.15 per pound).

Increasing feedstock prices, and utility and logistics costs have reached to the level beyond unilaterally absorbable by self-saving efforts. This time, it is necessary to recover a portion of these increases to ensure ongoing supply and new product innovation.