HOUSTON, March 29,
2023 /PRNewswire/ -- Kraton Corporation, a
leading global sustainable producer of specialty polymers and
high-value biobased products derived from pine wood pulping
by-products, announces a significant expansion of its
styrene-butadiene-styrene block copolymers (SBS) supply capability
at its Belpre, Ohio facility
starting in 2024. The production capacity is expected to increase
by 24 kilotons annually by 2025.
"We are excited to announce plans to expand our Belpre manufacturing capacity. This expansion
supports our growth strategy and our customer's growing demand for
SBS in North America," said
Holger Jung, Kraton Polymers CEO. He
added, "Global supply chain challenges and force majeure situations
in 2022 impacted our business, but we have successfully navigated
and emerged stronger. We recognize the importance of a reliable,
effective supply chain. This expansion will ensure Kraton
efficiently delivers the products and solutions our customers rely
on, with consistent quality. We appreciate our customers' patience
and trust as we strive to meet their needs with best-in-class
solutions."
The increased capacity affirms Kraton's dedication to enhancing
product reliability and meeting ongoing demand from both current
and potential customers. To further grow its SBS capacity in
North America, Kraton is exploring
additional manufacturing expansion opportunities to strengthen its
regional position.
About Kraton Corporation
Kraton Corporation 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, in one or more, but not all countries.
Media Contact: Mariam Ottun; T: (346) 435-8042
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SOURCE Kraton Corporation