Kraton Polymers continues to experience unprecedented cost
increases derived from raw materials, energy and packaging costs.
As a result of these aggressive cost drivers, effective May 1,
2008, we are announcing a general price increase of 150 Euro/MT in
Europe and the Middle East for our SBS and O/E SBS polymers and
compounds.
We appreciate our customers´ continued business and understanding
as Kraton continues to manage these difficult 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 engineered polymer company 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.
