Effective January 1, 2008, Kuraray Co., Ltd, Kuraray Europe GmbH, and Septon Company of America will raise prices of Elastomer Products including SEPTON™, HYBRAR™, ISOBAM™, KURAMIRON™ and LIR™ by JPY 25 per kilogram, or EUR 0.15 per kilogram, or US$0.22 per kilogram for all market segments globally.
Increasing energy and feedstock prices have resulted in a steady increase in the cost to produce these specialty high performance materials. It is necessary to recover a portion of these increases to ensure ability to provide reliable future supply. |