March 30 2010
Kuraray Co., Ltd.
Kuraray has announced its decision to establish facilities at its Niigata Plant in Tainai City, Niigata Prefecture that will be capable of mass producing 5,000 tons of an acrylic thermoplastic elastomer ("the New Elastomer") annually.
The New Elastomer, which has been developed utilizing Kuraray's proprietary technology, possesses transparency and softness, as well as adhesive properties. These characteristics are utilized in the optical and molding material fields, which are demonstrating great potential for market growth.
As it undertakes full-scale development, Kuraray is targeting a business scale for the New Elastomer of ¥10 billion in sales in 2018.
|Target Fields||Main Applications||Remarks|
|(i) Adhesives||film and tape application||Solvent free,
Non cross-linking process
|(ii) Film, light guide components||Light guides such as LED lighting||Combines both
transparent and elasticity properties
|(iii) Molding materials||Body of electronic devices, gaskets and grips||Design, adhesive and paintability properties|
|Address||2-28, Kurashiki-cho, Tainai, Niigata 959-2691, Japan|
|Production capacity||5,000 tons|
|No. of employees||Approx. 20|
|Schedule||August 2011: Completion of facility expansion
September 2011: Commencement of operations
|Capital investment||Approx. ¥5 billion|
Having made progress with the development of new applications, Kuraray is aiming for sales of ¥6 billion in 2015 and ¥10 billion in 2018.
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