HOUSTON, March 1, 2012 /PRNewswire/ -- Kraton Polymers LLC
(together with its direct and indirect subsidiaries, "Kraton"), a
leading global producer of styrenic block copolymers or "SBCs,"
announces a price increase in Europe, Africa and the Middle East of Euro
200/MT for all Kraton
SBS polymers and compounds for the Adhesives, Sealants,
Coatings, and Advanced Materials markets.
Subject to the terms of any applicable contracts, these price
increases will take effect April 1,
2012.
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, we believe, the world's
largest producer 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. 2012. All rights
reserved.
(Logo:
http://photos.prnewswire.com/prnh/20100728/DA42514LOGO)
For Further Information:
Kraton Performance Polymers, Inc.
Media: Marcie Coronado
+1-281-504-4975
SOURCE Kraton Performance Polymers, Inc.