Düsseldorf, Germany – Kevin Fogarty, CEO of Kraton Performance Polymers LLC, is excited to talk about the company’s recent developments.
Kraton, which produces styrenic block copolymers, specialty polymers and high-value performance products derived from pine wood pulping by-products, is debuting its new branding at K 2016, which incorporates its unification with Arizona Chemical Holdings, its recent acquisition.
Kraton’s purchase this year of Arizona Chemical, which produces pine-based chemicals, doubled the size of the company, so as Fogarty said: “The company now has a polymer division and a chemical division, and what is really unique is that the customers we serve through both divisions are quite common whether it is adhesives, paving and construction industry, lubricant additives or oil-field chemicals there is a lot of commonality in the customers, which makes it a very complementary addition.”
Fogarty highlighted the importance of innovation.
“The focus at the K show are some of our technical developments in both medical and automotive and we have samples so the customers can come see the materials. We measure our progress on innovation literally monthly to make sure we are shifting the mix of the portfolio to more innovative based sales, but the reality is there is a certain time period for customers to embrace, adopt and ultimately use these new materials in their market place, so shows like these accelerate some of these efforts.
“It’s a special time for us as we are soon starting up our brand new state of the art hydrogenated styrenic block copolymer (HSBC) plant in Taiwan. We are in start-up phase now and in 2017 for a lot of these innovations, this plant is designed to produce the low molecular weight family of products to serve those innovations.”