Kuraray acquires U.S. manufacturer MonoSol

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Kuraray Co has agreed to acquire MonoSol, a U.S. based manufacturer of polyvinyl alcohol (poval) film, as part of its strategy to expand its core vinyl acetate chemical chains business.

MonoSol is a leading manufacturer of poval films for various industrial applications such as packaging films for unit dose detergent products as well as agrochemicals and dyes, mold-release films for synthetic marble and so on.

Through this acquisition, Kuraray will expand its product offering of poval films into a wider range of industrial applications. Kuraray currently supplies poval film for optical-uses including a polarizing film, which is an essential component of liquid crystal displays. MonoSol manufactures complementary film products.