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Kuraray

Kuraray Co., Ltd (株式会社クラレ) is a Japanese manufacturer of chemicals, fibers and other materials. Their main manufacturing facilities are located in Kurashiki, Okayama. The company's Tokyo administrative offices are located in Otemachi, Chiyoda in the Ote Center Building and its Osaka offices are located in the Umeda Hankyu Building).[4][5] As of, Kuraray was the sole worldwide producer of Vectran liquid crystal polymer (LCP) fibre.[6]

The company is listed in the first section of Tokyo Stock Exchange and is a member of the Nikkei 225[7] stock market index.

Kuraray is a member of the Mizuho keiretsu.

History

In April 2015, Kuraray acquired the Australian manufacturer of biobased barrier films Plantic Technologies.[8] In September 2017, Kuraray acquired Calgon Carbon for $1.1 billion, an activated carbon maker based in Pittsburgh.[9][10] In February 2021, Kuraray signed the global framework of the United Nations Global Compact.[11]

Product Offerings

Various products are described below:[12]

  • Clarino
  • EVAL
  • Felibendy (nonwoven fabric of Sophista composite fiber, see below)[13]
  • Genestar
  • MOWIOL
  • MOWIFLEX
  • MOWITAL / PIOLOFORM
  • KURARAY POVAL
  • Septon
  • Sophista (fiber: polyester core, ethylene vinyl alcohol-coated)[13]
  • Vectran
  • Butacite® / TROSIFOL brand polyvinyl butyral

Gallery

Incidents

In May 2018, an explosion occurred in Kuraray's Pasadena plant in the US, injuring 21 workers. The plant is the world's largest ethylene vinyl alcohol plant.[14][15] Kuraray agreed to pay a total of $92 million in settlement to the affected employees.[16] In September 2019, a plasticizer leaked from Kuraray's plant in Fayetteville to the Cape Fear River, forcing the Brunswick County to stop drawing water from the river.[17]

External links

References

  1. Business Results for the Fiscal Year Ended December 31, 2017 (Unaudited) Kuraray Co., Ltd., retrieved 13 October 2018^
  2. Company Overview Kuraray, retrieved September 18, 2014^
  3. Company Snapshot Bloomberg Businessweek, retrieved September 18, 2014^
  4. Kuraray: about us Kuraray, retrieved September 30, 2011^
  5. Company Overview Thomson Reuters, retrieved September 18, 2014^
  6. Kuraray Expands VECTRAN Superfiber Manufacturing Kuraray, June 22, 2007, retrieved March 4, 2010^
  7. Components:Nikkei Stock Average Nikkei Inc., retrieved September 18, 2014^
  8. Kuraray acquires biobased barrier film producer Plantic plasticstoday.com, 2015-11-20, retrieved 2021-05-07^
  9. Marc S. Reich. Kuraray snags Calgon Carbon for $1.1 billion cen.acs.org, 21 September 2017, retrieved 2021-05-07^
  10. Thomas Wilson. Japan chemical maker Kuraray to buy Calgon Carbon for $1.1 billion Reuters, 2017-09-21, retrieved 2021-05-07^
  11. Michelle Russell. Japan's Kuraray commits to UN Global Compact www.just-style.com, 2021-02-17, retrieved 2021-05-07^
  12. Product Information www.kuraray.com, retrieved 2020-03-17^
  13. Kiyooka Sumito. Structure and functionality of steam-jet fiber Felibendy Chemical Fibers International, 2011^
  14. Keri Blakinger. 21 injured in fire, explosion at Pasadena industrial plant Chron, 2018-05-19, retrieved 2021-05-07^
  15. HPM Digital Team. UPDATE: 21 Injured After Explosion At Pasadena Chemical Plant Houston Public Media, 2018-05-19, retrieved 2021-05-07^
  16. Chemical Firm Agrees to $92M Settlement after Plant Fire powderbulksolids.com, 2019-10-25, retrieved 2021-05-07^
  17. Adam Wagner. Chemical spill keeps Wilmington-area utilities from drawing raw water from Cape Fear The News & Observer, 25 September 2019, retrieved 7 May 2021^