NYSE:KRA

Marcello Boldrini Appointed CEO of Kraton Corporation

Retrieved on: 
Monday, July 3, 2023

HOUSTON, July 3, 2023 /PRNewswire/ -- Kraton Corporation, a leading global sustainable producer of specialty polymers and high-value biobased products derived from pine wood pulping by-products, announced that Marcello Boldrini has been appointed CEO of Kraton Corporation.

Key Points: 
  • HOUSTON, July 3, 2023 /PRNewswire/ -- Kraton Corporation, a leading global sustainable producer of specialty polymers and high-value biobased products derived from pine wood pulping by-products, announced that Marcello Boldrini has been appointed CEO of Kraton Corporation.
  • Mr. Boldrini has served as co-CEO, Kraton Corporation and CEO, Kraton Pine Chemicals since March 15, 2022.
  • Through strategic planning, effective execution, and a relentless drive for innovation, Mr. Boldrini has guided the organization to new heights.
  • Commenting on his new role, Mr. Boldrini said: "Kraton consistently proves its ability to deliver innovative solutions to complex challenges, and I am excited to lead the company towards a more sustainable future.

KRATON CORPORATION SUBMITS BIAXAM™ POLYMER TECHNOLOGY AS AN ACTIVE INGREDIENT TO THE EPA

Retrieved on: 
Tuesday, May 2, 2023

HOUSTON, May 2, 2023 /PRNewswire/ -- Kraton Corporation, a leading global sustainable producer of specialty polymers and high-value biobased products derived from pine wood pulping by-products, submitted their novel BiaXam polymer technology on February 21, 2023, to the EPA for Section 3 approval as a new active ingredient.

Key Points: 
  • HOUSTON, May 2, 2023 /PRNewswire/ -- Kraton Corporation, a leading global sustainable producer of specialty polymers and high-value biobased products derived from pine wood pulping by-products, submitted their novel BiaXam polymer technology on February 21, 2023, to the EPA for Section 3 approval as a new active ingredient.
  • The BiaXam polymer active ingredient was submitted under the Section 3 category for supplemental residual antimicrobial products, which requires one of the most complicated efficacy testing protocols by the EPA.
  • The submission included a Manufactured Use Product (MUP) polymer in a solvent system, the Technical Grade Active Ingredient (TGAI) with BiaXam as a dry polymer, and an End Use Product (EUP) with the BiaXam polymer coated on a peel and stick film.
  • BiaXam polymer technology does not include the addition of per-and polyfluoroalkyl substances (PFAS or "forever chemicals") and meets the polymer exemption definition under TSCA; it is a high molecular weight polymer.

KRATON ANNOUNCES SBS CAPACITY EXPANSION AT BELPRE FACILITY BY 2024

Retrieved on: 
Wednesday, March 29, 2023

HOUSTON, March 29, 2023 /PRNewswire/ -- Kraton Corporation, a leading global sustainable producer of specialty polymers and high-value biobased products derived from pine wood pulping by-products, announces a significant expansion of its styrene-butadiene-styrene block copolymers (SBS) supply capability at its Belpre, Ohio facility starting in 2024.

Key Points: 
  • HOUSTON, March 29, 2023 /PRNewswire/ -- Kraton Corporation, a leading global sustainable producer of specialty polymers and high-value biobased products derived from pine wood pulping by-products, announces a significant expansion of its styrene-butadiene-styrene block copolymers (SBS) supply capability at its Belpre, Ohio facility starting in 2024.
  • "We are excited to announce plans to expand our Belpre manufacturing capacity.
  • This expansion supports our growth strategy and our customer's growing demand for SBS in North America," said Holger Jung, Kraton Polymers CEO.
  • To further grow its SBS capacity in North America, Kraton is exploring additional manufacturing expansion opportunities to strengthen its regional position.

KRATON ANNOUNCES COLLABORATION WITH ASPHALT PAVEMENT NET ZERO INITIATIVE "THE ROAD FORWARD"

Retrieved on: 
Monday, October 24, 2022

"We are thankful to Kraton Corporation for embracing a shared commitment to The Road Forward," said NAPA President & CEO Audrey Copeland, PhD, PE.

Key Points: 
  • "We are thankful to Kraton Corporation for embracing a shared commitment to The Road Forward," said NAPA President & CEO Audrey Copeland, PhD, PE.
  • "Kraton's support of The Road Forward propels our collective vision for sustainable communities and commerce connected by net zero carbon asphalt pavements.
  • An initiative of the National Asphalt Pavement Association (NAPA), The Road Forward: A Vision for Net Zero Carbon Emissions for the Asphalt Pavement Industry calls on the U.S. asphalt community to advance technologies, products, and processes to achieve net zero carbon emissions by 2050.
  • Launched in January 2022, the multi-year effort will engage, educate, and empower the U.S. asphalt community to produce and construct net zero carbon emission asphalt pavements.

KRATON EXPANDS AMS RESIN CAPACITY AT NIORT FACILITY TO SUPPORT CUSTOMER GROWTH

Retrieved on: 
Monday, April 4, 2022

Kraton expects the investment will result in a 15% production increase at the Niort manufacturing facility by 2023.

Key Points: 
  • Kraton expects the investment will result in a 15% production increase at the Niort manufacturing facility by 2023.
  • In recent years, Kraton has made significant investments in AMS Resins at the manufacturing facility in Niort, resulting in added operational capacity and improved asset reliability.
  • As customer demand increases, the new growth project focuses on advancing production efficiencies while improving the site's environmental footprint.
  • In parallel with the current expansion projects, Kraton is exploring additional manufacturing expansion opportunities at the Niort plant beyond the 2023 horizon.

KRATON EXPANDS AMS RESIN CAPACITY AT NIORT FACILITY TO SUPPORT CUSTOMER GROWTH

Retrieved on: 
Monday, April 4, 2022

Kraton expects the investment will result in a 15% production increase at the Niort manufacturing facility by 2023.

Key Points: 
  • Kraton expects the investment will result in a 15% production increase at the Niort manufacturing facility by 2023.
  • In recent years, Kraton has made significant investments in AMS Resins at the manufacturing facility in Niort, resulting in added operational capacity and improved asset reliability.
  • As customer demand increases, the new growth project focuses on advancing production efficiencies while improving the site's environmental footprint.
  • In parallel with the current expansion projects, Kraton is exploring additional manufacturing expansion opportunities at the Niort plant beyond the 2023 horizon.

KRATON COLLABORATES WITH SABIC TO DELIVER CERTIFIED RENEWABLE STYRENIC BLOCK COPOLYMERS IN EUROPE

Retrieved on: 
Monday, March 14, 2022

Kraton successfully produced CirKular+ ReNew Series Hydrogenated Styrenic Block Copolymers (HSBC) at the Berre plant earlier this year using SABIC's renewable butadiene from the company's TRUCIRCLE portfolio of circular solutions.

Key Points: 
  • Kraton successfully produced CirKular+ ReNew Series Hydrogenated Styrenic Block Copolymers (HSBC) at the Berre plant earlier this year using SABIC's renewable butadiene from the company's TRUCIRCLE portfolio of circular solutions.
  • Kraton is excited to collaborate with SABIC in using certified renewable butadiene.
  • It enables us to develop and produce Styrenic Block Copolymers with up to 70% of certified renewable raw material content," said Holger Jung, Kraton Senior Vice President, and Polymer Segment President.
  • After SABIC's earlier successes in developing certified renewable and circular ethylene, propylene, and benzene, we are delighted to add certified renewable butadiene to our TRUCIRCLE portfolio."

Academy Sports and Outdoors Set to Join S&P SmallCap 600

Retrieved on: 
Friday, March 11, 2022

For more information about S&P Dow Jones Indices, please visit www.spdji.com .

Key Points: 
  • For more information about S&P Dow Jones Indices, please visit www.spdji.com .
  • S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500 and the Dow Jones Industrial Average.
  • More assets are invested in products based on our indices than products based on indices from any other provider in the world.
  • S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence.

KRATON CORPORATION ANNOUNCES PRICE INCREASE FOR HSBC POLYMERS

Retrieved on: 
Thursday, March 10, 2022

HOUSTON, March 10, 2022 /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 440 USD/MT for all Kraton HSBC polymers.

Key Points: 
  • HOUSTON, March 10, 2022 /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 440 USD/MT for all Kraton HSBC polymers.
  • This price increase is driven by recent significant cost increases in raw materials, energy and logistics costs.
  • Given the unprecedented increases for natural gas costs in Europe, additional energy surcharges will be applied to HSBC polymers produced in our HSBC plant in Berre, France.
  • Subject to the terms of any applicable contracts, these price increases and surcharges will take effect April 1, 2022.