Kraton Corp (KRA)

Kraton Corporation manufactures and supplies styrenic block copolymers, specialty polymers, and bio-based products in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It operates in two segments: polymer and chemical. The polymer segment offers performance products, including styrene-butadiene-styrene for paving and roofing applications; styrene-isoprene-styrene for personal care applications; ethylene-vinyl acetate, polyolefins, and metallocene polyolefins for adhesives application; and specialty polymers, such as hydrogenated styrenic block copolymer, isoprene rubber, and isoprene rubber latex for use in medical and personal care products, adhesives, tackifiers, paints, and coatings. The company sells polymers under the brands CirKular+, ELLAMERA, Kraton A, Kraton D, Kraton FG, Kraton G, and market development grades. The chemical segment provides pine-based specialty products that include rosin-based tackifiers for packaging and pressure-sensitive adhesive applications; terpene-based tackifiers for bookbinding, hygiene, and pressure-sensitive adhesive applications; alpha-methyl-styrene (AMS) resins; and hot melt polyamides for flexible packaging, industrial, and roadmaking applications. The chemicals segment also offers terpene-based tread enhancement resins and AMS-based tread enhancement additives; and dimer acids and terpene fractions for fuel additives, oilfield chemicals, mining fluids, coatings, metalworking fluids, and lubricants. It sells chemicals under the brands Aquatac, Century, Sylfat, Sylvablend, Sylvaclear, Sylvacote, Sylvalite, Sylvapine, Sylvares, Sylvaros, Sylvasolv, Sylvatac, Sylvatal, Sylvatraxx, Uni-rez, Uni-tac, and Unidyme. It caters to industries, such as adhesives, automotive, compounding, consumer products, cosmetics (ellamera), medical solutions, nonwovens, oil gels, oilfield chemicals, packaging, paving, personal care, plastics recycling, polymer modification, roofing, sealants, wire and cable, coating, lubricants, ink, fuel additives, tires, and road markings. The company sells its products through various channels, including its direct sales force, marketing representatives, and distributors. Kraton Corporation was formerly known as Kraton Performance Polymers, Inc. and changed its name to Kraton Corporation in September 2016. The company was incorporated in 2000 and is based in The Woodlands, Texas with additional offices across the world. As of January 5, 2024, Kraton Corporation operates as a subsidiary of DL Chemical Co., Ltd.