Tokyo – Japanese materials supplier Kuraray is raising the prices of some of its elastomers globally, effective 1 March.
In a 15 Feb release, the company said all styrenic copolymers Septon, Hybrar and polyurethane-based TU-Polymer elastomers will see a price rise of $0.25 per kilogramme.
Kuraray said increasing feedstock prices from late autumn 2017 had led to higher costs for the production of the speciality high performance materials.
“It is necessary to recover a portion of these increases to ensure ongoing supply and new product innovation,” the company explained.
Kuraray raised prices of the same materials three times in early 2017.