Kuraray announced on the 25th that it has completed a strategic investment in and entered into a strategic partnership with Vitriflex Inc., a U.S. company.
Vitriflex, based in California's Silicon Valley, is a cutting-edge company founded in 2010. It possesses leading-edge technology for ultra-moisture-barrier films for flexible electronic devices, including manufacturing technology for transparent moisture-barrier films with world-class barrier performance.
Vitriflex's ultra-moisture-barrier films are cost-effective against moisture and oxygen, extending the life and reliability of electronic devices. Furthermore, they are expected to add value to electronic devices by making them more flexible, thinner, lighter, and shatterproof. Replacing current glass in various electronic devices with this film could dramatically change the shape of next-generation electronic devices.
Kuraray is currently developing new businesses in the fields of "optics & electronics," "energy," and "water & environment" with the aim of realizing its long-term corporate vision of becoming a "specialty chemical company with a global presence." In order to strengthen its new technology exploration capabilities, the company established a base in Silicon Valley, California in 2011 and has been actively promoting technology exchanges with venture companies and other entities where synergies can be expected. The investment funds in Vitriflex will be used to promote the commercialization of transparent moisture-proof film.
Vitriflex, based in California's Silicon Valley, is a cutting-edge company founded in 2010. It possesses leading-edge technology for ultra-moisture-barrier films for flexible electronic devices, including manufacturing technology for transparent moisture-barrier films with world-class barrier performance.
Vitriflex's ultra-moisture-barrier films are cost-effective against moisture and oxygen, extending the life and reliability of electronic devices. Furthermore, they are expected to add value to electronic devices by making them more flexible, thinner, lighter, and shatterproof. Replacing current glass in various electronic devices with this film could dramatically change the shape of next-generation electronic devices.
Kuraray is currently developing new businesses in the fields of "optics & electronics," "energy," and "water & environment" with the aim of realizing its long-term corporate vision of becoming a "specialty chemical company with a global presence." In order to strengthen its new technology exploration capabilities, the company established a base in Silicon Valley, California in 2011 and has been actively promoting technology exchanges with venture companies and other entities where synergies can be expected. The investment funds in Vitriflex will be used to promote the commercialization of transparent moisture-proof film.
