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February 11, 2011
By: KERRY PIANOFORTE
Tokyo-based Kuraray Co., Ltd. is expanding polyvinyl acetate (PVA) resin production at its European subsidiary Kuraray Europe GmbH—Kuraray’s wholly owned subsidiary in Frankfurt, Germany. In response to growing demand for PVA resin in European markets, Kuraray decided to expand production facilities to secure a stable supply system in Frankfurt, Germany. By this action annual production capacity is increasing by 24,000 tons to 94,000 tons with a capital investment of approximately €58 million. The planned commencement of operations is the first quarter of fiscal 2013.
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