HOUSTON, Oct. 18,
2021 /PRNewswire/ -- Kraton Corporation (NYSE: KRA),
a leading global sustainable producer of specialty polymers and
high-value bio-based products derived from pine wood pulping
co-products, announces an energy surcharge increase of 250€/MT for
all HSBC products produced in Europe.
This action is driven by the recent and unprecedented price
increases for Natural Gas, Electricity and CO2 certificates, which
is substantially affecting the production cost in our HSBC plant in
Berre, France.
This surcharge will be effective November
1, 2021, and/or subject to the terms of any applicable
contracts and obligations.
ABOUT KRATON
Kraton Corporation (NYSE "KRA") is a leading global producer
of specialty polymers and high-value performance products derived
from renewable resources. Kraton'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 and roofing 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 performance chemicals into markets that include fuel
additives, oilfield chemicals, coatings, metalworking fluids and
lubricants, inks and mining. Kraton offers its products
to a diverse customer base in over 70 countries
worldwide. Kraton, the Kraton logo and design are
all trademarks of Kraton Corporation or its subsidiaries
or affiliates.
For Further Information:
H. Gene Shiels 281-504-4886
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SOURCE Kraton Corporation