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Stock Market & Financial Investment News

News Breaks
June 30, 2014
10:28 EDTKRAKraton Performance board withdraws recommendation on LCY pact
Earlier today, Kraton Performance Polymers notified Taiwan-based LCY Chemical Corp. that its Board of Directors intends to withdraw its recommendation that Kraton stockholders approve the previously announced Combination Agreement under which Kraton would combine with LCY's styrenic block copolymer operations. Shares of Kraton Performance are trading higher by 2% in morning trading.
News For KRA From The Last 14 Days
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February 4, 2016
05:48 EDTKRAKraton Performance reports preliminary Q4 revenue $248M, consensus $251.2M
Reports Q4 sales volume 74.9 kT. Kraton also provided preliminary fourth quarter and full year 2015 results for Arizona Chemical Holdings Corporation, including revenue of $186M and sales volume of 90.1 kT.
February 3, 2016
06:47 EDTKRAPolyOne acquires certain TPE assets from Kraton Performance
PolyOne (POL) announced it has acquired certain technologies and assets from Kraton Performance Polymers (KRA). The two companies also entered into a supply agreement, whereby Kraton will provide PolyOne certain raw materials used in production for the acquired business. The end markets utilizing the acquired technologies span new and fast growing applications in adhesive and removable protective films, as well as existing applications served by PolyOne, such as packaging, medical devices and personal care products. The purchase price of $72M represents a multiple of 9x EBITDA.

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