March 22, 2013
Kuraray Co., Ltd.
Kuraray Trading Co., Ltd.
Kuraray Co., Ltd. and Kuraray Trading Co., Ltd. have announced the decision to increase the prices of COMOGLASS PMMA (methacrylic resin) extruded sheets, PMMA cast sheets and PMMA extruded mirror sheets for shipments commencing April 1, 2013.
Due to recent skyrocketing prices of crude oil and naphtha, the costs of key materials have been rising significantly, causing deterioration in profitability across all Kuraray and Kuraray Trading PMMA sheet businesses.
Under these circumstances, Kuraray and Kuraray Trading both decided to implement the price revisions listed below-involving COMOGLASS PMMA extruded sheets, PMMA cast sheets and PMMA extruded mirror sheets-with the aim of maintaining stable supply and recovering profitability.
Details of the price revisions are as follows:
|1. Scope of revisions||Domestic and overseas shipments of COMOGLASS PMMA extruded sheets, PMMA cast sheets and PMMA extruded mirror sheets|
|2. Price revision||15% increase|
|3. Effective date||Shipments from April 1, 2013|