NEW YORK, Jan. 20, 2023 /PRNewswire/ -- As per Facts and Factors study, The global pine-derived chemicals market size was worth USD 5,293.10 Million in 2021 and is estimated to grow to USD 6,775.11 Million by 2028, with a compound annual growth rate (CAGR) of approximately 4.20%t over the forecast period. Pine-Derived Chemicals Market: Overview Compounds derived from natural renewable resources such as pine and pine trees are known as pine-derived chemicals. These compounds are collected from various parts of pine, including pine, tree trunks, and even after the distillation process of these sources. Many chemicals are by-products of manufacturing chewing gum and other products. Pine oleores

HOUSTON, June 15, 2022 /PRNewswire/ -- 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 330 USD/MT for all Kraton HSBC polymers. Given the unprecedented increases in raw materials, energy, and logistics, this price increase will be applied to all HSBC polymers. Subject to the terms of any applicable contracts, and surcharges will take effect July 1, 2022. ABOUT KRATONKraton Corporation (NYSE "KRA") is a leading global producer of specialty polymers and high-value performance products derived from renewable resources. K

HOUSTON, April 4, 2022 /PRNewswire/ -- Kraton Corporation, a leading global sustainable producer of specialty polymers and high-value biobased products derived from pine wood pulping co-products, announces a significant investment in its Alpha Methyl Styrene (AMS) Resins facility in Niort, France. Kraton expects the investment will result in a 15% production increase at the Niort manufacturing facility by 2023. In addition to the capacity increase, Kraton anticipates the investment will lead to a 70% reduction in solvent consumption, creating a favorable impact on the product life cycle by the end of 2022.  Kraton's AMS Resins, also known as Pure Monomer Resins, are sold in high-end applicat

UBS upgraded Kraton from Sell to Neutral and set a new price target of $46.50 from $34.00 previously

Loop Capital downgraded Kraton from Buy to Hold and set a new price target of $46.50

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HOUSTON, March 30, 2021 /PRNewswire/ -- 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 that Marcello Boldrini, Kraton's Senior Vice President and Chemical Segment President, has been appointed to the additional role of Chief Sustainability Officer for Kraton Corporation. In his expanded role, Mr. Boldrini will assume responsibility for Kraton's global Sustainability strategy and related initiatives. Marcello Boldrini, Kraton Senior Vice President, Chemical Segment President, Chief Sustainability Officer "We live in a comp

PHILADELPHIA, Dec. 2, 2020 /PRNewswire/ -- Axalta Coating Systems Ltd. (NYSE: AXTA) today announced that Shelley Bausch is joining Axalta as Senior Vice President, Global Industrial Coatings, effective January 1, 2021. "Shelley is an outstanding business leader with extensive experience in industrial products and coatings. She will lead our current Industrial Coatings businesses globally, which include energy solutions, coil, wood, general industrial and powder coatings, and drive expansion into new industrial coatings markets," said Robert W. Bryant, Axalta's President and CEO. "Shelley is a dynamic leader with experience managing complex product portfolios sold into diverse and fragment

Issues Letter to Stockholders to Outline the Case for Meaningful Change Atop Trecora Following Years of Stagnation and Underperformance Ortelius Advisors, L.P., which collectively with its affiliates is the largest stockholder of Trecora Resources (NYSE:TREC), today issued the following open letter to fellow stockholders. *** February 7, 2022 Fellow Stockholders, Ortelius Advisors, L.P. (together with its affiliates, "Ortelius," "we," or "us") owns approximately 11.3% of the outstanding common stock of Trecora Resources ("Trecora" or the "Company"), making us the Company's largest stockholder.1 While we believe that Trecora has significant upside potential based on its top-quality asse

HOUSTON, Oct. 27, 2021 /PRNewswire/ -- Kraton Corporation (NYSE:KRA), a leading global sustainable producer of  specialty polymers and high-value biobased products derived from pine wood pulping co-products, announces financial results for the quarter ended September 30, 2021. THIRD QUARTER 2021 SUMMARY Consolidated net income of $55.2 million, compared to consolidated net loss of $402.6 million in the third quarter of 2020. The third quarter of 2020 results include a non-cash goodwill impairment charge of $400.0 million within the Chemical segment. Adjusted EBITDA(2) of $88.1 million, up $27.8 million or 46.2%, compared to the third quarter of 2020. The $27.8 million increase in Adjusted EB

HOUSTON, July 28, 2021 /PRNewswire/ -- Kraton Corporation (NYSE:KRA), a leading global sustainable producer of specialty polymers and high-value biobased products derived from pine wood pulping co-products, announces financial results for the quarter ended June 30, 2021. SECOND QUARTER 2021 SUMMARY Consolidated net income of $38.4 million, compared to consolidated net loss of $7.1 million in the second quarter of 2020. Adjusted EBITDA(1) of $61.8 million, down $7.7 million or 11.1%, compared to the second quarter of 2020. The $7.7 million decline in Adjusted EBITDA(1) reflects $16.9 million of costs associated with a significant turnaround at the Berre, France, site. Polymer segment operatin

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