Kuraray Establishes Hub in Singapore

Kuraray (Tokyo) says it has established a wholly owned subsidiary, Kuraray Asia Pacific (Singapore), to oversee the group’s activities in the Asia/Pacific region outside Japan. The subsidiary will be an operational hub combining production and sales, with the aim of strengthening the global expansion of the group’s polyvinyl alcohol (PVOH) resin business, Kuraray says. Kuraray has about 40,000 m.t./year of PVOH resin capacity at Jurong Island, Singapore. The company became sole owner of the plant earlier this year when it bought the stake of its...

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