Kraton to exit dimer and polyamides business, close Ohio site

The Woodlands, Texas – Kraton Corp. is exiting dimer and polyamides business and closing its manufacturing site in Dover, Ohio, as part of a strategic shift to focus on core operations.

In a 7 May statement, the company said the move was intended to strengthen its position in key markets and support long-term growth, including its “pine chemicals” segment.

“Our strategy is clear: focus where we have the greatest impact and drive the most value,” said Minco van Breevoort, president of Kraton Pine Chemicals.

“By streamlining operations, we can direct investments toward core Pine Chemical assets and innovation.”

Kraton said its crude tall oil refinery operations will not be affected, and the company will maintain its ability to supply tall oil fatty acid to customers.