Kraton Polymers LLC (together with its direct and indirect subsidiaries, "Kraton"), a leading global producer of styrenic block copolymers, announces a general price increase in Europe, Africa and the Middle East of Euro 150 /MT for Kraton SBS and OE SBS polymers and compounds across all markets and end-uses.
Subject to the terms of any applicable contracts, these price increases will take effect August 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 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, and the "Giving Innovators their Edge" tagline are all trademarks of Kraton Polymers LLC.
Forward Looking Statements
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 Annual Report on Form 10-K for the year ended December 31, 2009 filed with the Securities and Exchange Commission. 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.
Contacts:
Kraton Polymers LLC
Media: Marcie Coronado, (281) 504-4975
