Japan's Kuraray expands to US; to build PVA plant in Texas

05 June 2012 03:54  [Source: ICIS news]

SINGAPORE (ICIS)--Kuraray is building a new 40,000 tonne/year polyvinyl acetate (PVA) facility at Harris, Texas in the US, the Japanese chemicals maker said on Tuesday.

Construction of the plant, under the first phase of the project, is scheduled to be completed in September 2014, the company said in a statement.

Financial details of the investment were not disclosed.

The new PVA facility will be operated by Kuraray’s wholly-owned subsidiary Kuraray America.

“Following on business expansion in Japan, Singapore and Europe (Germany), this move will secure a fourth advantageously situated production base for the group, in this case, in North America where shale gas is easy to procure,” the company said.

“The new facility will be able to meet demands for markets in North America and burgeoning Central and South America,” Kuraray said.

By: Nurluqman Suratman

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