Tokyo – Japanese chemicals company Kuraray has raised prices for its elastomer products for a third time in just over two months.
Kuraray announced 6 March that its elastomers business unit would raise prices of all styrenic copolymers Septon and Hybrar as well as polyurethane-based TU-Polymer elastomers by $0.50 per kilogram. ($0.23 per pound).
The price hikes will be effective 1 April and will include all regions.
The same materials were already expected to see a price rise as of $0.45/kg by 1 March, following an earlier rise…