ERJ staff report (DS)
Shanghai, China - Kraton Performance Polymers said it continues its expansion programme in Asia.
Kraton said it is, â€œfully engaged in the formation of a 50/50 joint venture with Formosa Petrochemical Corporation to construct and operate a 30-kiloton hydrogenated styrenic block copolymer ("HSBC") plant in Mailiao, Taiwan.â€ The company said the project is expected to be on stream in the first half of 2014.
In 2011, Kraton expanded its Cariflex isoprene rubber (IR) latex capacity to support the continued growth in demand for Cariflex products. The company has also executed a contract with its manufacturing provider in Japan, which will result in a doubling of Cariflex latex manufacturing capacity in Japan by mid-2013.
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Press release from Kraton