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Kuraray announces the decision to increase the prices of its man-made leather CLARINO for shipments commencing April 1, 2021. Details of the price revisions are given below.
Due to increasing the production costs including equipment maintenance and updates in CLARINO production, the profitability has been deteriorating.
Under these circumstances, Kuraray has decided to implement the following price revisions for CLARINO products.
The price revisions are implemented in global basis.
| 1.Scope of revision |
(1) All products for man-made leather CLARINO (2) All applications used in school bags, shoes, sports balls, gloves, interiors, industrial materials (3) Domestic and export shipments |
|---|---|
| 2.Price increase | 10-25% |
| 3.Effective date | Shipments from April 1, 2021 |
