Kuraray to Invest in New Production Facility in Singapore

April 2024

Japanese plastic maker Kuraray has announced a strategic investment to establish a new production facility for EVOH (ethylene-vinyl alcohol copolymer) resin at Kuraray Asia Pacific Pte. Ltd., a fully-owned subsidiary in Singapore. This initiative reflects the company’s response to the increasing demand for recyclable and environmentally friendly packaging materials. The new facility is set to begin operations by the end of 2026, with an initial production capacity of 18,000 tons per year, which could potentially expand to 36,000 tons per year. This development is part of a broader commitment to enhancing global supply capabilities, particularly targeting the growing markets in Europe and the United States, where sustainable packaging solutions are increasingly sought.

The investment of USD 410 million underscores Kuraray’s ambition to lead in the production of high-barrier, functional resins that support environmental sustainability. EVAL™ EVOH resin, first developed and commercialized in 1972, is renowned for its exceptional ability to block gases like oxygen, significantly enhancing the shelf life and quality of packaged foods. By implementing this investment, Kuraray aims better to meet the evolving needs of the packaging industry, ensuring that the company remains at the forefront of technological advancements in barrier materials. This move also promises to strengthen Kuraray’s position as a key player in the industry, continuing its legacy of innovation and environmental stewardship.

(Source: Kuraray)

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