Market News
Global Polyimide Films Market: Key Developments
- In November 2021, Kaneka Corporation declared an increase in the sales price of polyimide films, reflecting an increase in the cost of raw materials and transportation, resulting in a 15% increase in the price per square meter for shipping on and subsequent to January 1, 2022.
- In January 2022, DuPont completed an expansion project at its Interconnect Solutions production site in Circleville, Ohio, U.S. The US$ 250 million investment will help DuPont meet the rising global demand for Kapton polyimide.
- In November 2021, Kaneka Corporation announced a change in the polyimide film sales price in response to increase raw material and transportation costs.
- In February 2022, PI Advanced Materials, a South Korea-based manufacturer of the majority of the polyimide films used to package electric vehicle batteries and other Information Technology (IT) components, was reportedly put up for sale in a deal worth more than US$ 1 trillion.