This press release was issued by Kuraray Co., Ltd.

Kuraray Co., Ltd. (Headquarters: Chiyoda-ku, Tokyo; President: Hitoshi Kawahara) announced that its local subsidiary in Singapore, Kuraray Asia Pacific Pte. Ltd. (Headquarters: Jurong Island, Singapore; President: Shintaro Hikasa), has established the “Kuraray Asia Pacific Technical Center” in Singapore Science Park as a technical support base for the Asian market.

The Technical Center will perform as a base of technical support for the Asian market, focusing on PVOH resin, EVAL™ EVOH resin, and activated carbon, of which demand are growing in the region. The Technical Center is equipped with facilities necessary for material evaluation and analysis as well as investigation of advanced technologies, that enables prompt and specialized solution proposal to satisfy local customer’s needs. It also serves as a platform for open innovation, generating new value through product demonstrations and collaborative development with customers.

Furthermore, by leveraging its location in Singapore Science Park, where advanced research and development facilities are concentrated, the center aims to accelerate market development and secure global talent through collaboration with a wide range of people and companies.

An opening ceremony was held at the Technical Center on September 1, and Mr. Lim Wey-Len, Executive Vice President at the Singapore Economic Development Board, said: “We welcome Kuraray and other like-minded companies to leverage Singapore’s innovation ecosystem, talent pool, and regional connectivity to scale impactful and sustainable solutions from here.” In addition, Tomoyuki Watanabe, Director and Managing Executive Officer, and President of the Vinyl Acetate Resin Company at Kuraray, shared his enthusiasm: “By offering a place for co-creation with our customers, we hope to drive the rapid market growth in the region.”

The Kuraray Group will leverage this Technical Center to address customer needs, explore new markets and applications, and strengthen both its business expansion and presence in the Asian market.