Benzinga | Aug 2, 2021 06:31AM EDT

Kraton Corporation Announces $0.20/Pound For HSBC Products

Kraton Corporation (NYSE:KRA), a leading global sustainable producer of specialty polymers and high-value bio-based products derived from pine wood pulping co-products, announces a general price increase of 440 USD/MT ($0.20 cents per pound) for all HSBC products. This action is driven by the recent raw material cost increases and increases in energy prices and logistics costs.

This increase will be effective September 1st, 2021, and/or subject to the terms of any applicable contracts and obligations.