Sekisui Chemical : Price Revision for Polyvinyl Acetal Resin Products
November 29, 2023 at 09:04 pm EST
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Nov. 30, 2023
SEKISUI CHEMICAL CO., LTD.
Products
Regarding polyvinyl acetal resin products manufactured and sold by the SEKISUI CHEMICAL Group, we are facing an escalation in raw material and energy costs due to the recent unfavorable exchange rates and material market conditions. In addition, labor costs associated with securing the workforce necessary for maintaining quality and ensuring product supply have significantly increased.
These situations are expected to persist for a certain of time. Accordingly, we would like to implement the following price revision to ensure the continued stability of supply.
Details
1. Effective date
December 1, 2023
2. Applicable regions
All sales regions (North America, Central and South America, Europe, India, China, Asia, and others)
3. Applicable product and price increase ranges
Polyvinyl acetal resin products: 5% or more
About SEKISUI CHEMICAL Group
Headquartered in Japan, SEKISUI CHEMICAL CO., LTD. (TSE: 4204) and its subsidiaries make up the SEKISUI CHEMICAL Group. 26,000 employees in over 180 companies throughout 21 countries and regions aim to contribute to improving the lives of the people of the world and the earth's environment. Thanks to a history of innovation, dedication and a pioneering spirit, SEKISUI CHEMICAL now holds leading positions in its three diverse business divisions as well as top global market share in interlayer film, foam products, conductive particles and more.
Since its foundation in 1947, the SEKISUI CHEMICAL Group has dedicated itself to social and environmental contribution and is now an internationally recognized leader in sustainability and environmental initiatives, having recently been selected as one of the Global 100 most sustainable companies. SEKISUI CHEMICAL Group will continue to maintain a strong corporate presence for 100 years and beyond.
＜Contact information for inquiries regarding this matter＞
Press Contact
Corporate Communication Department
Email: kouhou@sekisui.com
General Public Contract
Specialty Chemicals Division High Performance Plastics Company
TEL：+81-3-6748-6448 FAX：+81-3-6748-6540
Disclaimer
This press release may contain forward-looking statements. Such forward-looking statements are based on current expectations and beliefs and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements due to changes in global economic, business, competitive market and regulatory factors.
Sekisui Chemical Co. Ltd. published this content on 30 November 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 November 2023 02:03:18 UTC.
Sekisui Chemical Co., Ltd. is a company that operates in four business segments .The Housing segment is engaged in the manufacture, construction, sale and renovation of unit housing, the sale of land for subdivision, the provision of reform services, as well as the construction and sale of interior items, exterior items and real estate. The Environment and Life Line segment offers vinyl chloride pipe and fittings, polyethylene pipe and fittings, system pipe, aqueduct/water conduit rehabilitation materials, reinforced plastic composite pipes, and building materials, among others. The High-performance Plastics segment offers intermediate films for laminated glass, foamed polyolefin, tapes, particulate for liquid crystal and sensitive materials and test drug, among others. The Others segment is engaged in the manufacture and sale of film type lithium ion battery, as well as the provision of other products and services.
SEKISUI CHEMICAL CO., LTD. 
