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Kraton Polymers Announces Americas HSBC Price Increases

2010-02-02 12:15
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HOUSTON--(BUSINESS WIRE)--Kraton Polymers LLC (together with its direct and indirect subsidiaries, “Kraton”), a leading global producer of styrenic block copolymers, continues to experience significant raw material and energy cost increases. Accordingly, Kraton announces a general price increase in North and South America of 10 cpp or $220 /MT across all markets and end-uses, for Kraton SEBS polymers and SEBS compounds. There will also be a general price increase for SEPS polymers and SEPS compounds of 15 cpp or $330 /mt. Subject to the terms of any applicable contracts, these price increases will take effect March 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 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. 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 have production facilities located in the United States, Germany, France, Brazil and Japan.

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 Registration Statement on Form S-1 filed with the U.S. Securities and Exchange Commission on December 2, 2009. 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: Vaneese M. Bell, 281-504-4792