# Kuraray invests about $15M in Houston plant for plant-based high barrier resin

Kuraray America is investing approximately US$15 million to install plant-based high barrier resin production in Houston, Texas, supporting Sealed Air's Plantic packaging work.

- Type: Investment
- Announced: 2019-03-22
- Where: Houston, Texas, United States
- Value: $15.0M
- Status: under construction
- Products: plant-based high barrier resin
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Sealed Air](https://endata.com/companies/548.md) (partner)
- [Kuraray](https://endata.com/companies/2973.md) (investor)

## Sources

- [packaginginsights.com](https://www.packaginginsights.com/news/plant-based-packaging-first-for-us-sealed-air-and-kuraray-invest-in-new-production-capacity-for-bio-based-plantic.html), 2019-03-22: "To support this work, Japan-based Kuraray America, Inc. (Kuraray), a specialty materials company, is investing approximately US$15 million to install plant-based high barrier resin production and supporting capabilities in Houston, Texas."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.