KRA - Kraton to raise HSBC polymer prices

Specialty polymer maker Kraton (NYSE:KRA) is set to raise prices for all HSBC polymers by 440 USD/MT owing to significant cost increases in raw materials, energy and logistics costs in recent times. Additional energy surcharges will be applied to HSBC polymers produced in Kraton's HSBC plant in Berre, France in light of the unprecedented increases for natural gas costs in Europe. These price increases and surcharges will take effect April 1, 2022. Last month, the firm announced a general price increase of up to 15% across its CTO Refinery products and derivatives.

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Kraton to raise HSBC polymer prices