Home / Knowledge / News / Textiles / Kuraray to increase polyester filament yarn prices from August
Kuraray to increase polyester filament yarn prices from August
21
Jul '08
Kuraray Trading Co. Ltd. announces its decision to increase the price of polyester filament yarn approximately 5%, or an average of ¥30 per kilogram, for Japan and export shipments commencing August 1, 2008.

The steep rise in crude oil and naphtha prices has resulted in increases in raw material and fuel costs that have nullified the effect of the previous price revision of January 7, 2008 as well as the scope of the Company's cost reduction efforts. Consequently, operating revenue remains in decline.

To maintain operability and a steady supply, and given the urgency to improve profitability, Kuraray Trading has decided to once again implement price revisions, as detailed below.

1.Scope of revision: Polyester filament, Japan and export shipments
2.Price increase: All brands to increase by approximately 5% (average ¥30/kg)
3.Effective date: Shipments from August 1, 2008

Kuraray Trading Co. Ltd.


Must ReadView All

Courtesy: Michael Kors

Fashion | On 25th Jul 2017

Michael Kors to acquire Jimmy Choo

Global fashion luxury brand Michael Kors Holdings Limited has reached ...

Apparel/Garments | On 25th Jul 2017

VF Corp posts $2.4 billion revenue for Q2 2017

VF Corporation has recorded revenue of $2.4 billion, up 2 per cent,...

Textiles | On 25th Jul 2017

Egypt signs agreement with UNIDO for cotton production

Egypt has signed a €1.5 million ($1.74 million) cooperation agreement ...

Interviews View All

Abhishek Ganguly
Puma India

‘As a brand, Puma is always looking for new and innovative ways to inspire ...

Smita Murarka
Amanté

‘There is huge demand in the Indian lingerie market for non-wired styles.’

Stefan Warnaar
Peak to Plateau

People are willing to pay for quality and performance

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

July 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X