Kuraray Co., Ltd.

Kuraray Co., Ltd. (Headquarters: Chiyoda-ku, Tokyo; President: Hitoshi Kawahara; hereinafter “Kuraray”) hereby announces its decision to end the manufacture and sale of KURAGEL™ biocarrier for wastewater treatment.

Since beginning the full-scale manufacture and sale of KURAGEL™ in 2001, Kuraray has made every effort to maintain business continuity. Nevertheless, we have judged that it will be extremely difficult to secure sufficient profit to sustain the business and maintain stable production going forward.

Kuraray plans to cease taking orders for KURAGEL™ on May 31, 2022, and to cease production as of December 31, 2022.

We extend our wholehearted gratitude to our business partners and other stakeholders for their longstanding patronage of our KURAGEL™ business and sincerely ask for their understanding.