Kraton Polymers Announces Americas HSBC Price Increases
February 01 2010 - 8:00PM
Business Wire
Kraton Polymers LLC (together with its direct and indirect
subsidiaries, “Kraton”), a leading global producer of styrenic
block copolymers, continues to experience significant raw material
and energy cost increases. Accordingly, Kraton announces a general
price increase in North and South America of 10 cpp or $220 /MT
across all markets and end-uses, for Kraton SEBS polymers and SEBS
compounds. There will also be a general price increase for SEPS
polymers and SEPS compounds of 15 cpp or $330 /mt. Subject to the
terms of any applicable contracts, these price increases will take
effect March 1, 2010.
For more information about Kraton, visit our website at
www.kraton.com. In addition, customer questions and other direct
inquiries may be addressed to info@kraton.com or the applicable
Kraton representative.
About Kraton
Kraton Polymers LLC, the operating subsidiary of Kraton
Performance Polymers, Inc. (the “Company”), is, with its direct and
indirect subsidiaries, a leading global producer of engineered
polymers and, we believe, the world’s largest producer of styrenic
block copolymers (SBCs), a family of products whose chemistry was
pioneered by us over forty 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 have production facilities located in the
United States, Germany, France, Brazil and Japan.
Certain statements herein are “forward-looking statements” made
pursuant to the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. Such forward-looking statements
reflect the Company’s current expectations or beliefs concerning
future events, and actual results of operations may differ
materially from historical results or current expectations. Any
such forward-looking statements are subject to various risks and
uncertainties, including, but not limited to, a downturn in overall
economic conditions or changes in levels of consumer spending or
preferences, failure of the Company’s suppliers to perform their
obligations, limited availability or increases in prices of raw
materials, the Company’s substantial level of indebtedness,
competitive pressures in the specialty chemicals industry, and
other factors which are set forth in the Company’s Registration
Statement on Form S-1 filed with the U.S. Securities and Exchange
Commission on December 2, 2009. The Company does not undertake
to publicly update or revise its forward-looking statements,
whether as a result of new information, future events or
otherwise.
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