Sales and earnings down at Kraton

Houston, Texas –  Kraton Performance Polymers Inc. has reported an 11.9-percent drop in adjusted third quarter earnings (EBITDA), to $39.4 million, on sales of $319.0 million – 2.5-percent lower than the same period last year.

The Houston-based company said the were driven mostly by lower average selling prices due to weakness in European paving & roofing markets in the three months to 30 Sept.

The market decline offset increased demand for its higher value products in medical, automotive, industrial  and personal care applications, the the styrene block…

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