HOUSTON, May 31, 2017 /PRNewswire/ -- Kraton
Corporation (NYSE: KRA), a leading global producer of styrenic
block copolymers, specialty polymers and high-value performance
products derived from renewable resources, announces a
global price increase of $50-100/MT for AQUATAC™, SYLVALITE™ and
SYLVATAC™, and SYLVACOTE™ Rosin Ester product lines.
SYLVARES™ and ZONATAC™ Terpene and AMS/AMS phenolic specialty
product lines will see an increase from $200-500/MT. The increase is due to the
current changing market condition in the chemical industry, which
has been impacted by higher prices for raw materials.
The price increase may vary depending on product composition and
delivery locations. Subject to the terms of any applicable
contract, the price increase for these products will take effect
July 1, 2017.
About Kraton Corporation
Kraton Corporation (NYSE "KRA") is a leading global producer of
styrenic block copolymers, specialty polymers and high-value
performance products derived from pine wood pulping co-products.
Kraton's 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. As the largest global
provider in the pine chemicals industry, the company's pine-based
specialty products are sold into adhesive, road and construction
and tire markets, and it produces and sells a broad range of
chemical intermediates into markets that include fuel additives,
oilfield chemicals, coatings, metalworking fluids and lubricants,
inks, flavors and mining. Kraton offers its products to a diverse
customer base in over 70 countries worldwide. Kraton, the Kraton
logo and design are all trademarks of Kraton Corporation., or its
subsidiaries or affiliates.
Media Contact: Vaneese Bell; T: (281) 504-4792
Investor Relations Contact: Gene
Shiels; T: (281) 504-4886
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SOURCE Kraton Corporation