07/26/2012

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Kuraray expands PVA business

The completion of facility construction is scheduled for September 2014. According to the company, following on business expansion in Japan, Singapore, and Germany, this move will secure a fourth production base.Furthermore, Kuraray will acquire MonoSol, LLC., a manufacturer of polyvinyl alcohol film with headquarters in Merrillville, IN, USA, from parent comp­any MonoSol Holdco, LLC. With approximately 300 employees, Monosol, LLC operates production facilities in the USA and UK. Through this acquisition, Kuraray will expand its product offering of poval films into a wider range of industrial applications. The company currently supplies PVA film for optical-uses including a polarising film for liquid crystal displays. MonoSol manufactures complementary film products.

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