Kraton Corporation Announces $440/MT Price Increase For HSBC Polymers
Kraton Corporation (NYSE:KRA), a leading global producer of styrenic block copolymers, specialty polymers and high-value performance products derived from pine wood pulping co-products, announces a general price increase of 440 USD/MT for all Kraton HSBC polymers. This price increase is driven by recent significant cost increases in raw materials, energy and logistics costs.
Given the unprecedented increases for natural gas costs in Europe, additional energy surcharges will be applied to HSBC polymers produced in our HSBC plant in Berre, France.
Subject to the terms of any applicable contracts, these price increases and surcharges will take effect April 1, 2022.