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Materials M&A image Materials M&A » By The Online Investor Staff, updated Wed., Jul. 6, 8:42 AM Recent mergers and acquisitions in the Materials M&A category.

Slide #19. Kraton Performance Polymers, Inc. Styrenic Block Copolymer Business of LCY Chemical Corp

Acquirer: Kraton Performance Polymers, Inc. (NYSE:KRA)
Acquiree: Styrenic Block Copolymer Business of LCY Chemical Corp
Details: Kraton Performance Polymers, Inc. (NYSE: KRA), a global producer of highly-engineered polymers, today announced that it has entered into a definitive agreement to combine with the styrenic block copolymer ("SBC") operations of Taiwan-based LCY Chemical Corp. ("LCY"). The transaction will combine Kraton's broad product portfolio and innovation platform with LCY's cost-effective and innovative SBC operations and its proven record of driving growth in China and broader Asia.

Kraton is a holding company. Through its subsidiaries, Co. is a specialty chemicals company that manufactures styrenic block copolymers (SBCs), specialty polymers, and products primarily derived from pine wood pulping co-products. Co.'s operations are managed through two operating segments: Polymer, which is comprised of its SBCs and other engineered polymers business; and Chemical, which manufactures and sells products primarily derived from pine wood pulping co-products. Co.'s SBCs are used in a range of applications, including adhesives, coatings, consumer and personal care products, sealants, lubricants, medical, packaging, automotive, paving and roofing, and footwear products.

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Company Name: 
Kraton Corp
Rubber & Plastics

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Hold (2.00 out of 4)
100th percentile
(ranked higher than approx. 100% of all stocks covered)

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Materials M&A - Slide 19 of 80 Page |

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