Japanese chemical products manufacturer Kuraray is all set to expand its production facilities of Polyvinyl Alcohol (PVA) Film in LaPorte, Indiana, US with an investment of $35m.
The facilities expansion comes in response to the increasing demand for PVA film for consumer goods and industrial applications.
The expansion will be specifically for the water soluble films that are used to create the single-use packets for liquid detergents.
Kuraray set the operation target for the facilities for July 2014.
In June 2012, Kuraray acquired US-based MonoSol, which manufactures and sells PVA films. The acquisition forms part of the company's strategy to expand one of its core businesses, 'Vinyl Acetate Chemical Chains Business.'
Source:
http://householdelectronicsproducts.packaging-business-review.com/news/kuraray-plans-35m-investment-to-expand-pva-film-facilities-in-us-030613
