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 general price increase in the Americas of 440 USD/MT or 20 cpp, for all Kraton SBS polymers
and compounds.
Subject to the terms of any applicable contracts, these price
increases will take effect April 1,
2012.
About Kraton Polymers
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 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.
Forward Looking Statements
This press release may contain "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,
anticipated performance, 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, the Kraton logo and design, Cariflex, Nexar and the
"Giving Innovators their Edge" tagline are all trademarks of Kraton
Polymers LLC.
© 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
Investors: H. Gene Shiels
+1-281-504-4886
SOURCE Kraton Performance Polymers, Inc.