Kuraray announces its decision to upwardly revise the prices of Polyvinyl Alcohol (PVOH) resin, for shipments commencing July 1, 2018. Details of the revisions are given below.
Increasing feedstock price and utility cost recently have increased the costs to produce these materials. It is necessary to fully recover a portion of these increases immediately.
1. Scope of revision Polyvinyl Alcohol (PVOH) resin
KURARAY POVAL, ELVANOL and EXCEVAL
2. Effective date Shipments on or after July 1, 2018
3. Scope of revision and price increase
Region Price increase
Japan ¥ 30/kg
Asia- Pacific US$ 250/ton
North America, South America US$ 250/ton
Middle East, Africa US$ 250/ton
Europe Euro 200/ton