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Kraton Polymers Price Increase

Kraton Polymers has announced a price increase in Europe, Africa and the Middle East of Euro 200 /MT for Kraton SBS and OE SBS polymers and compounds. Subject to the terms of any applicable contracts, these price increases will take effect June 1, 2010.

Kraton produces styrenic block copolymers from Houston, Texas. Revenues for Kraton in the first quarter of 2010 were $273 million. The first quarter 2010 net income was $20 million or $0.64 per diluted share.

 

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Editors and staff from the Business Desk at The Global Herald.

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