Kraton Announces Global HSBC and SBS Price Increase

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Feb 28, 2017, 17:08 ET

HOUSTON, Feb. 28, 2017 /PRNewswire/ -- Kraton Corporation (NYSE: KRA), a leading global producer of styrenic block copolymers, specialty polymers and high-value performance products derived from pine wood pulping co-products, announces a general price increase of 450 USD/MT for all Kraton HSBC polymers.

In addition, we are announcing a general price increase of 450 Euros/MT for EMEA and 20 cents per pound in the Americas on all Kraton SBS polymers. Prices in the Asia Pacific region for SBS polymers may differ from the numbers referenced above based on local market conditions.

Subject to the terms of any applicable contracts, these price increases will take effect March 1^st, 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 fragrances 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

SOURCE Kraton Corporation