HOUSTON, July 1, 2011 /PRNewswire/ -- 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 the Asia Pacific region of 200 USD/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.
About Kraton
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.
Forward Looking Statements
This press release includes "forward-looking statements," which
are statements other than statements of historical fact and are
often characterized by the use of words such as "believes,"
"expects," "estimates," "projects," "may," "will," "intends,"
"plans" or "anticipates," or by discussions of strategy, plans or
intentions. All forward-looking statements in this press release
are made based on management's current expectations and estimates,
which involve risks, uncertainties and other factors that could
cause results to differ materially from those expressed in
forward-looking statements. These risks and uncertainties are
more fully described in "Part I. Item 1A. Risk Factors" contained
in our Annual Report on 10-K, as filed with the Securities and
Exchange Commission and as subsequently updated in our Quarterly
Reports on Form 10-Q. We hereby make reference to all such filings
for all purposes. Readers are cautioned not to place undue reliance
on forward-looking statements. We assume no obligation to update
such information.
© Kraton Performance Polymers, Inc. 2011. All rights
reserved.
Kraton Performance Polymers, Inc.
Media: Marcie Coronado
+1-281-504-4975
(Logo:
http://photos.prnewswire.com/prnh/20100728/DA42514LOGO)
SOURCE Kraton Polymers LLC