Kuraray announces the decision to increase the prices of its EVOH products (ethylene vinyl alcohol copolymer; Kuraray trademark: EVAL) for shipments commencing December 1, 2018. Details of the price revisions are given below.
Due to increasing the price of the main raw material used in producing EVAL and the production costs including utilities, the profitability has been deteriorating.
Under these circumstances, Kuraray has decided to implement the following price revisions for EVAL.
The price revisions are implemented in global basis.
1. Scope of revisions EVOH products (EVAL)
2. Price increases:
Japan: ¥ 30 per kilogram
Asia Pacific: US$0.30 per kilogram
3. Effective date Shipments from December 1, 2018