Kraton hikes SBS prices

By Patrick Raleigh ERJ On-line news editor

London-Kraton Polymers is raising prices for its clear and oil-extended SBS (styrene-butadiene block copolymers) in Europe by Euro100/tonne with effect from 1 May.

The move is intended “to re-establish our profitability to acceptable levels,” according to Roger Morgan, global vice president for Kraton D.

The business has faced “significant increases in our costs resulting from a combination of crude oil price increases, feedstock supply constraints and exchange rate effects,” Morgan added in a 13 April statement.

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