January 16, 2023

HOUSTON – Kuraray announces its decision to revise the price of GENESTAR™ heat-resistant polyamide resin for domestic and overseas shipments on or after February 1, 2023. Global raw material price increases are no longer unilaterally absorbable. It has become necessary to recover a portion of these increases to ensure ongoing supply and new product development. Under these circumstances, we have decided to implement the following price revisions for GENESTAR™.

Japan Overseas
Filler reinforced grade +60 JPY/kg +0.50 US$/kg
GF FR Grade +150 JPY/kg +1.20 US$/kg
GF FR non-halogen grade +60 JPY/kg +0.50 US$/kg
LED grade +300 JPY/kg +2.30 US$/kg

 

Kuraray sincerely appreciates your continued support and partnership.


About GENESTAR™
GENESTAR™ is a polyamide engineering plastic developed from a unique monomer. GENESTAR™ properties include low water absorption, high heat resistance, high chemical resistance and dimensional precision. Its applications range from electrical and electronic parts to automotive parts.

About Kuraray
Kuraray is a global specialty chemicals company that launched in 1926 and is now one of the world’s largest suppliers of industrial polymers and synthetic microfibers. Headquartered in Tokyo, the company focuses on collaboration and innovation to develop unique product solutions that bring about change for the benefit of all. Kuraray’s line of industry-leading materials – including chemicals, fibers, resins, and more – serve to enhance quality of life around the globe and lead to a more sustainable future. Learn more about Kuraray at kuraray.com.

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On-Site Media Contact:
Jessica Kuhlman
jessica.kuhlman@kuraray.com
281-508-2431

General Media Contact:
McKenna Parr
McKenna@griffincg.com
281-335-0200