HOUSTON--(Business Wire)--
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.
About Kraton
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
This press release includes "forward-looking statements," which
are statements other than statements of historical fact and are often
characterized by the use of words such as "believes," "expects,"
"estimates," "projects," "may," "will," "intends," "plans" or
"anticipates," or by discussions of strategy, plans or intentions. All
forward-looking statements in this press release are made based on
management's current expectations and estimates, which involve risks,
uncertainties and other factors that could cause results to differ
materially from those expressed in forward-looking statements. Readers
are cautioned not to place undue reliance on forward-looking
statements. We assume no obligation to update such information.
Kraton Polymers LLC
Media: Richard Ott, 281-504-4720
Copyright Business Wire 2008
