#USA #Kraton #SIS Polymers #Pine Chemicals #The Woodlands

Kraton Corporation Announces Global Price Surge for SIS Polymer Products

Kraton Corporation, renowned for its sustainable production of specialty polymers and high-value bio-based products, has officially declared a substantial price increase for its SIS polymer products. Starting January 1st, 2025, the general price will rise by $330 USD per metric ton.

This decision comes in response to escalating costs for raw materials and process chemicals, which have put pressure on the company's pricing structure. Kraton's announcement emphasizes the need for adjustment not only as a reaction to market conditions but also as a necessary step to maintain their commitment to quality and sustainability in their products.

About Kraton Corporation

Headquartered in The Woodlands, Texas, Kraton Corporation has established itself as a key player in the global market for specialty polymers, with a particular focus on bio-based products derived from pine wood pulping co-products. Their product portfolio is extensive, serving a diverse range of applications that include:

• - Adhesives
• - Coatings
• - Consumer and Personal Care Products
• - Sealants
• - Lubricants
• - Medical Packaging
• - Automotive Products
• - Paving and Roofing Materials

As the largest global provider in the pine chemicals industry, Kraton’s specialty products find applications in markets such as adhesives, construction, and tire manufacturing. This wide range of uses highlights the versatile nature of their offerings and the importance of their continued innovation.

Market Context

The raw materials that Kraton relies on for its production processes have seen a pronounced increase in prices due to various global supply chain issues. This trend is not unique to Kraton; many companies across different industries are grappling with rising costs, prompting them to evaluate pricing strategies to ensure ongoing operations in a sustainable manner.

Kraton’s leadership has indicated that this price adjustment will not compromise their high standards of product quality. The company's commitment to sustainability remains unwavering, as evidenced by their historical focus on renewable resources and eco-friendly practices. Kraton’s initiatives aim to minimize the environmental impact of its production processes while also maximizing the performance and value of its products.

Looking Ahead

With this new price increase coming into effect in early 2025, customers are encouraged to review their contracts with Kraton to understand the implications on their current pricing structures. The company is steadfast in its goal to maintain transparency and open communication regarding such changes, ensuring clients are well-informed.

For those looking to learn more about Kraton and its diverse product offerings, further information is available on their official website, Kraton.com. This site provides insights into their commitment to sustainability, innovation, and the broad spectrum of industries they serve.

In conclusion, while the global increase in SIS polymer product prices may pose challenges for some customers, Kraton Corporation’s leadership in quality, innovation, and sustainability fosters confidence in their response to market dynamics. As the landscape continues to evolve, Kraton remains dedicated to upholding its reputation as a foremost producer in the specialty polymer domain.