Kraton earnings up 34% in third quarter

Kraton-FogartyHouston, Texas –Kraton Corp. has posted a 33.6% year-on-year rise in third quarter earnings (adjusted EBITDA) to $121.7 million (€103.0 million), on sales 12.5% higher at $510.9 million.

The gains reflected “notable margin expansion and solid volume growth” at the styrenic elastomers maker, Kevin Fogarty, president and CEO said in a 24 Oct results announcement.

“As a result of our strong third quarter results, and in light of our overall year-to-date performance, we now expect that adjusted EBITDA…

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