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EVAL™ price increase

22 October 2021

Melsele, 21 October 2021 – EVAL Europe N.V. announces the decision to increase the prices of its EVOH products (ethylene vinyl alcohol copolymer; Kuraray trademark: EVAL) for shipments commencing November 1, 2021.

The base selling price of all grades of EVAL™ EVOH and service products (ETC & GF) will increase by € 0.40 per kilogram.

This price increase is in response to the extraordinary increase of energy costs in EU, in addition to continued elevated raw materials and logistics costs.

Kuraray sincerely appreciates your continued support and partnership.

About Kuraray

Founded in 1926, Kuraray Co., Ltd is a world leader in specialty chemicals, polymers, fibers and textiles. Headquartered in Tokyo, Japan, Kuraray has over 10,000 employees worldwide.

Kuraray has been manufacturing and marketing ethylene vinyl-alcohol copolymers (EVOH) under the name EVAL™ since 1972, and remains the world leader in EVOH production and market development. EVAL™ EVOH is one of Kuraray's core businesses and is produced globally in Europe, America and Asia-Pacific. The sales and technical development of EVAL™ EVOH is supported by specialized local teams in each region.

In Europe Kuraray operates the region's largest EVOH production site, EVAL Europe N.V., with a capacity of 35,000 tons per year in Zwijndrecht (Antwerp), Belgium.