Kraton's Earnings Tumble on Lower Sales and Volumes

Kraton Performance Polymers reported second-quarter net income of $12 million (38 cts/share), down 75% from the year-ago quarter, on sales volumes down 6%, to 77,000 m.t. Sales fell 3%, to $376 million, including a $26 million decline from changes in foreign currency.   “Our sales volume in the second quarter was impacted by a number of factors including a late start to the North American paving season; wet weather in Europe, which had an adverse effect on roofing activity; continued volatility in raw material prices, which was reflected in purchase...

This information is only available to Chemical Week subscribers.

Forgot your user ID or password?
Click here to have it sent to you.

Email Address First Name Last Name

Not an IHS Chemical Week 24/7 member yet? Here's why you should be: Searchable online archive access of the last 2 years of Chemical Week. Print or digital magazine subscription Price and market change alerts Economic data and statistics Buyers' Guides Webcasts | whitepapers