Kraton Polymers to hike prices on its SBS and OE SBS polymers and compounds by €100/tonne in Europe, Africa and the Middle East, effective Aug. 1
July 4, 2011
– Kraton Polymers LLC (together with its direct and indirect subsidiaries, "Kraton"), a leading global producer of styrenic block copolymers or "SBCs," announces a general price increase in Europe, Africa and the Middle East of Euro 100/MT for Kraton SBS and OE SBS polymers and compounds.
Subject to the terms of any applicable contracts, these price increases will take effect August 1, 2011.
Kraton Performance Polymers, Inc.(NYSE: "KRA"), through its operating subsidiary Kraton Polymers LLC and its subsidiaries, is a leading global producer of engineered polymers and one of the world's largest producers of styrenic block copolymers ("SBCs"), a family of products whose chemistry was pioneered by us almost fifty years ago. SBCs are highly-engineered thermoplastic elastomers, which enhance the performance of numerous products by delivering a variety of attributes, including greater flexibility, resilience, strength, durability and processability. Our polymers are used in a wide range of applications, including adhesives, coatings, consumer and personal care products, sealants and lubricants, and medical, packaging, automotive, paving, roofing and footwear products. We currently offer approximately 800 products to more than 700 customers in over 60 countries worldwide, and are the only SBC producer with manufacturing and service capabilities on four continents. We manufacture products at five plants globally, including our flagship plant in Belpre, Ohio, as well as plants in Germany, France and Brazil, and a joint venture plant operated in Japan.
Kraton, the Kraton logo and design, Cariflex, Nexar and the "Giving Innovators their Edge" tagline are all trademarks of Kraton Polymers LLC.