Kraton

Kraton posts strong Q2 results, notes challenges ahead

Houston, Texas – Kraton Performance Polymers Inc. has posted an almost four-fold growth in earnings (adjusted EBITDA) on second-quarter sales volumes of $455 million (€410 million), up 17.9 percent on the prior-year quarter.

Adjusted EBITDA for the three months to 30 June came in at $92.7 million (€83.6 million), compared to $25.1 million in the second quarter of 2015, said a 27 July results announcement.

The earnings hike included $10.0 million of year-on-year gains from integration synergies and cost-reduction initiatives in the second quarter 2016.

Kraton’s Polymer segment…

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