Japan's Kuraray plans Singapore plant for packaging that cuts food waste

TOKYO -- Japanese plastic maker Kuraray will construct a $410 million plant in Singapore under plans announced Tuesday, aiming to boost output of a packaging material that helps to reduce food waste.

The new plant will produce EVOH, a proprietary resin that helps block oxygen and prevent food from spoiling. Operation will begin at the end of 2026, marking Kuraray's first time producing the material in Southeast Asia.