Kuraray acquires MonoSol, expands vinyl acetate business

Kuraray acquires MonoSol, expands vinyl acetate business

10:18 AM, 22nd May 2012
Kuraray acquires MonoSol, expands vinyl acetate business

TOKYO, JAPAN: Kuraray has agreed to acquire MonoSol LLC, a US based manufacturer of polyvinyl alcohol film, in support of Kuraray’s statergy to expand its ‘vinyl acetate chemical chain business.’ Vinyl acetate chemical chain business is one of the core businesses of Kuraray and has reached an agreement with MonoSol Holdco LLC, the parent company of MonoSol, regarding this transaction.

Through this acquisition, Kuraray will expand its product offering of poval films into a wider range of industrial application. Kuraray currently supplies poval film for optical use including a polarizing film, which is essential component of liquid crystal displays. Kuraray will accelerate the expansion and development of its vinyl acetate chemical chains business through organic collaboration among Japan, US, Europe and Asia.

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