Kraton Polymers continues to experience unprecedented raw material cost increases. New record prices are being set for our primary raw materials, and we are obliged to implement further price increases.
As a consequence, we are announcing a general price increase, effective no later than 1st October, or as contracts allow, of 150 Euro/MT in Europe, Africa and the Middle East for our SBS and O/E SBS polymers and compounds.
We appreciate our customers' continued business and understanding as Kraton continues to manage these difficult, and volatile, economic challenges. We continue to strive to be the innovation leader, providing polymer solutions and value-added services that enable our customers to differentiate and succeed in their markets.
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