Kraton Corporation, a leading global producer of styrenic block copolymers, specialty polymers and high-value performance products derived from pine wood pulping co-products, announced a global price increase of USD 50-100/MT for AQUATAC™, SYLVALITE™ and SYLVATAC™, and SYLVACOTE™ Rosin Ester product lines.
SYLVARES™ and ZONATAC™ Terpene and AMS/AMS phenolic specialty product lines will see an increase from USD 200-500/MT. The increase is due to the current changing market condition in the chemical industry, which has been impacted by higher prices for raw materials.
According to the announcement, the price increase may vary depending on product composition and delivery locations. Subject to the terms of any applicable contract, the price increase for these products will take effect July 1, 2017.
Earlier Kraton Corporation opened a new hydrogenated styrenic block copolymer production plant in Taiwan.
About Kraton Corporation:
The company is a leading global producer of styrenic block copolymers, specialty polymers and high-value performance products derived from pine wood pulping co-products. The company’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.