KURARAY
Expansion of EVOH output in Belgium, US / New facility planned in Asia
Japan’s Kuraray (Tokyo; www.kuraray.co.jp) announced plans to increase the output of its Eval ethylene vinyl alcohol copolymers (EVOH) at both its Belgian site in Antwerp and its US plant in Houston, Texas, each by 5,000 t/y.

The group said it is also considering the construction of a new production plant in Asia, where until now only two small domestic lines have been running. In this case, “Asia” should probably be taken to mean China.

The company noted that demand for EVOH, which is used in packaging film as an oxygen barrier, has previously been rising predominantly in industrialised countries. The additional capacity, in particularly the new Asian facility, are reportedly intended to meet demand in threshold countries. 

At present, Kuraray has worldwide EVOH capacities totalling 108,000 t/y. The two already large production plants earmarked for expansion are to be increased in two phases from 58,000 t/y to 63,000 t/y in Houston and from 35,000 t/y to 40,000 t/y in Antwerp. As a result, the group’s total capacity, including the two plants in Okayama, Japan, with a combined capacity of 15,000 t/y, would rise to 118,000 t/y between 2024 and 2026.

Kuraray reportedly earned well in the second quarter of 2023 with EVOH and the entire Vinyl Acetates business group covering PVA/EVA and PVOH/EVOH. Sales were up 7.3% to JPY 198 bn (EUR 1.25 bn), and results rose nearly 20% to JPY 40 bn. 
18.08.2023 Plasteurope.com [253423-0]
Published on 18.08.2023
Kuraray: Ausbau der EVOH-Erzeugung in Belgien und den USAGerman version of this article...

© 2001-2024 Plasteurope.com  |  Imprint  |  Privacy  |  Cookie settings

Plasteurope.com is a business information platform for the European plastics industry. It is part of KI Kunststoff Information and PIE Plastics Information Europe, one of the leading content providers for the European plastics industry. We offer daily updated business news and reports, in-depth market analysis, polymer prices and other services for the international plastics industry, including a suppliers guide, career opportunities, a trade name directory and videos.

News | Polymer Prices | Material Databases | Plastics Exchange | Suppliers Guide | Jobs | Register | Advertising

PIE – Plastics Information Europe | KI – Kunststoff Information | KunststoffWeb | Plastics Material Exchange | Polyglobe | K-Profi
© 2001-2024 by Plasteurope.com, Bad Homburg
Date of print: 18.05.2024 16:55:00   (Ref: 71860349)
Text and images are subject to copyright and other laws for protection of intellectual property.
Any duplication or distribution in any media as a whole or in parts requires prior written approval by Plasteurope. URL: http://www.plasteurope.com/news/detail.asp