Kraton announced a global price increase for its SIS polymer products. The company will be raising prices by $330 per metric ton, effective January 1, 2025. This decision comes in response to the continued rise in the cost of raw materials and process chemicals.
Kraton produces specialty polymers and bio-based products. The company’s SIS polymers are used in a variety of applications, including adhesives, coatings, and personal care products. Kraton is also a major supplier of pine-based chemicals.
In addition to the price increase, Kraton is also reminding customers that the new prices will be subject to the terms of any existing contracts and obligations.
For more information about Kraton and its products, visit the company’s website at www.KRATON.com.