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| KIC expected to significantly reduce time to market | | June 17, 2009 (UK) |  |
 Kraton Polymers LLC (Kraton), a leading global producer of engineered polymers, announces the grand opening of its state-of-the-art Kraton Innovation Center (KIC) located on Park Row Boulevard in the West Houston Energy Corridor. The relocation of Kraton Polymers’ research and development operations is the culmination of activities which started in August 2008. A private ceremony for invited guests, hosted by CEO Kevin Fogarty, will be held on Wednesday, June 17, 2009.
The world-class technology facility allows Kraton to upgrade and expand its current capabilities in ways that will build on existing synergies and significantly improve process efficiencies for the ultimate benefit of their customers.
“We want to publicly recognize the dedication of our employees and our construction contractors for their efforts as we transitioned to our new innovation headquarters. Our investment in the KIC is an essential asset to our global strategic plan for growth as we identify more opportunities to partner with our customers,” commented Lothar Freund, Vice President of Technology.
“We expect the center will enable us to reduce our development time to market by as much as fifty percent, allowing us to deliver products to our loyal customers faster than ever before.”
In addition to being the center of excellence for technology, the KIC will serve as premiere showroom for customers to visit and participate in the creative process. The multi-million dollar innovation center includes approximately 55,000 square feet of office and laboratory space. With Innovations Centers in The Netherlands, Shanghai (China) and Tsukuba (Japan), Kraton continues to expand its global reach in the industry. Kraton’s latest success is a demonstration of its unwavering commitment to innovation through the development of next-generation products and provides technical service to its customers around the world. | | | | Kraton Polymers LLC | |
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