April 21, 2014     Japanese 
  JCN 
	  Network - Home
JCN Newswire
  Home  |  Companies  | Annual Reports  |  CSR  | News Alerts     
 
Share:
Kuraray Acquires U.S.-based MonoSol
 

Tokyo, July 27, 2012 (JCN) - Kuraray has completed the transaction to acquire U.S.-based MonoSol, LLC., which manufactures and sells polyvinyl alcohol ('poval') film. The acquisition, announced on May 22, forms part of Kuraray's strategy to expand its Vinyl Acetate Chemical Chains Business, which is one of its core businesses.

The Acquisition comes as part of a strategy to become the global leader in the poval film business, not only for optical uses such as liquid crystal displays, but also for industrial applications,including various types of packaging materials and mold-release films for synthetic marble.

Kuraray is scheduled to include MonoSol in its consolidated balance sheets from the first quarter of the fiscal year ending March 31, 2013 and in its consolidated statements of income from the third quarter of the same fiscal year onward.

MonoSol's company name and basic management system will remain unchanged following the acquisition.

By Akiko Shirai Staff Writer

Copyright © 2014 JCN. All rights reserved. A division of Japan Corporate News Network KK.


 Company Profile |   Print  |   Alerts
ACN Newswire

 Recent  Kuraray News  
  Kuraray, AIST Create PVB Film to Make Photovoltaic Modules Lighter and Less Expensive  (Oct 5, 2013)
  Kuraray's MonoSol Selected by P&G as Connect+Develop Partner of the Year  (Dec 25, 2012)
  Kuraray Acquires U.S.-based MonoSol  (July 27, 2012)
  Kuraray's Synthetic Fiber Recognized as a "Chemical Heritage" Material  (Mar 23, 2012)
  Kuraray to Expand PVB Film Manufacturing Facility in Germany  (Mar 15, 2012)
  University of Fukui, Kuraray Jointly Develop Nonwoven Fabric that Selectively Absorbs Metal Ions  (Feb 17, 2012)
  Kureha, Kuraray, ITOCHU in Hard Carbon for Lithium-ion Secondary Batteries JV  (Dec 15, 2011)
  Kuraray Completes KURARITY Production Facility  (Nov 14, 2011)
  Kuraray to Boost EVAL Production Capacity  (Nov 4, 2011)
  Kuraray's Brazilian Office Launches Full-Scale Marketing of Kuraray Group Products  (July 13, 2011)



 Recent  Chemicals News   
Teijin DuPont Films Develops World-class Flame-retardant Film (Apr 8, 2014)
AGC Develops New Refrigerant for Air-conditioning with One-sixth the Environmental Impact (Mar 20, 2014)
Toyobo, with Indorama of Thailand, Acquires German Airbag Yarn Manufacturer PHP Fibers (Feb 4, 2014)
ITOCHU and Canada's Kaizen Discovery in Collaborative Mineral Resources Exploration and Development (Feb 3, 2014)
Shimadzu Develops Blue Direct Diode Laser with New High Brightness Levels (Oct 12, 2013)
Yokohama Rubber to Build Pneumatic Marine Fenders and Marine Hoses Plant in Indonesia (Oct 11, 2013)
IHI and Hyundai WIA Launch Vehicle Turbocharger JV in South Korea (Aug 9, 2013)
Asahi Kasei Chemicals to Manufacture Polyamide 66 Compounds in Indonesia (Aug 8, 2013)
AGC Expands Plant for Caustic Soda and Vinyl Chloride in Indonesia (Aug 6, 2013)
Teijin's Technora Para-aramid Fiber to be used in Space Elevator Challenge (Aug 6, 2013)

More Chemicals news...
 
CSR Report Download
Annual Reports

  More >>    
Most Popular


About JCN | Privacy Policy | Terms of Use | JCN Network (日本語)