Kuraray Co Ltd - Company Profile
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Business Description
Kuraray Co Ltd (Kuraray) is a chemical company that produces and supplies plastics, fabric, manmade leather, nonwoven fabric, hook and loop fasteners, resin, chemicals, elastomers, and rubber.
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R&D Overview
The company’s R&D efforts focus on developing innovative products for the benefit of society, consumers, and industry. Its R&D efforts are focused on five macrotrends which includes food and water security, digitalization and communications, concerns for the global environment, effective utilization of energy, and higher quality of life. In the digitalization and communications trend, it is focused on developing materials for electric and electronic devices and material for high-speed telecommunications devices. It is focused on developing material for energy storage devices, wind power generation and for next generation vehicles for effective utilization of energy. The company’s concern for global environment, guides it to develop new techniques for air and water purification, reducing microplastics and promoting circular economy. It also focuses on new techniques for capturing greenhouse gases (GHG), utilizing GHG and reduce GHG emissions. It focuses on issues of food and water security and develops various techniques for increasing shelf life of food, improving agricultural productivity by developing various material for seed coating and insect prevention and cleaning water for safe water supply. The company focuses on improving quality of life by focusing on materials for dental care, regenerative medicine, water soluble films for product packaging and sanitary goods. It also improves life by providing material for vehicle’s air purification, functional display, vibration control sealants and other interior parts. The company’s Research and Development Division includes the Kurashiki Research Centre, Tsukuba Research Centre, Functional Products Development Department, Vecstar Business Promotion Department, Intellectual Property Department, Planning and Administration Department and New Business Management Department. In FY2022, it spent JPY21,050 million on R&D, which increased 7.7% YoY and was 2.7% of its revenue.
Business Segments
Overview
Manufactures and sells CLARINO, which is a man-made leather with a structure and functionality as elaborate as natural leather. Manufactures KURAFLEX, a nonwoven fabric, which is used for lifestyle products, industrial materials and as MAGIC TAPE hook-and-loop fastener. It also produces KURALON, which is used in reinforcement materials for concrete and automotive-related components;
Performance
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Overview
It manufactures and sells medical products, methacrylate resin, and carbon materials.
Performance
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Overview
Manufactures and markets isoprene-related products, SEPTON thermoplastic elastomer and GENESTAR. SEPTON is a styrenic thermoplastic elastomer. It is used in making variety of TPE compounds. SEPTON specific grades are used in medical, mobility, consumer goods and oil modification applications. GENESTAR is a polyamide engineering plastic with good heat resistance, low water absorption, high chemical resistance and dimensional precision. It is used in electronic electrical and automotive parts.
Performance
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Overview
It includes company’s other operations which are not included in any of the business segment, such as engineering and aqua business.
Performance
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Overview
It processes and sells manmade leather and synthetic fibers. It also plans and markets other products produced by the Kuraray Group and other companies.
Performance
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Overview
Manufactures and markets films and functional resins including EVAL, PVA and PVB. PVA resin has water solubility and adhesive properties. It finds application in manufacturing LCDs and is also used for unit dose detergents. PVB films are resilient and tough. It is used as an interlayer for laminated glass. Its EVAL resin has a good gas barrier property and used for food packaging, automotive fuel tanks, pharmaceuticals, agricultural produce, cosmetics and industrial products.
Performance
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Geographical Segments
Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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