Effective May 1st, 2008, or as contracts permit, Kuraray Co., Ltd, Kuraray Europe GmbH and Kuraray America, Inc. will raise prices of SEPTON™, HYBRAR™ and TU-Polymer globally in all market segments as follows:
| Crumb grades: |
USD 20 cents per pound in North America
USD 440 per MT in South America and Asia pacific
JPY 50 per KG in Japan
EUR 300 per MT in Europe and Middle East |
| Pellet grades: |
USD 30 cents per pound in North America
USD 660 per MT in South America and Asia Pacific
JPY 75 per KG in Japan
EURO 450 per MT in Europe and Middle East |
| TU-Polymer: |
An increase by 50% over current price in all regions |
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. |
