Kraton Polymers Announces European SIS Price Increases
Kraton Polymers LLC
Media: Richard Ott, 281-504-4720
Kraton Polymers continues to experience unprecedented raw material cost increases. New record prices are being set for our primary raw materials, and we are obliged to implement further price increases.
As a consequence, we are announcing a general price increase, effective no later than 1st October, 2008, of 135 Euro/MT in Europe, Africa and the Middle East for our SIS, and SIBS polymers and compounds.
We appreciate our customers’ continued business and understanding as Kraton continues to manage these difficult, and volatile, economic challenges. We continue to strive to be the innovation leader, providing polymer solutions and value-added services that enable our customers to differentiate and succeed in their markets.
Kraton 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 over forty 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. Kraton polymers are used in a wide range of applications, including adhesives, coatings, consumer and personal care products, sealants, lubricants, medical, packaging, automotive, paving, roofing and footwear products. Kraton has the leading position in nearly all of its core markets and is the only producer of SBCs with global manufacturing capability. Its production facilities are located in the United States, Germany, France, The Netherlands, Brazil and Japan.
Kraton, the Kraton logo and design, and “Giving Innovators their Edge” tagline are trademarks of Kraton Polymers LLC.
Forward Looking Statements
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