SABIC has announced a new collaboration with Kraton to deliver certified renewable butadiene from its TRUCIRCLE portfolio for use in Kraton’s certified renewable styrenic block copolymers (SBC). This effort forms part of SABIC’s 2025 strategy, which includes a Sustainability Development Goal roadmap spanning the organization’s entire value chain and addressing 10 goals to help drive … Read more
DL Chemical Co., South Korea’s leading petrochemical company, has acquired Texas-based specialty chemical manufacturer Kraton Corp. for $2.5 billion, taking a step closer to its goal of becoming one of the world’s top 20 chemicals companies. DL Chemical, formerly known as Daelim Industrial Co., has signed a definitive agreement to buy 100% of the US-listed company … Read more
Kraton Corporation announced that it has completed the sale of its Cariflex business to Daelim Industrial Co, Ltd. for $530.0 million in cash. “We believe Daelim is well-positioned to invest in and grow the Cariflex franchise as it continues to expand its global business,” said Kevin M. Fogarty, Kraton’s President and Chief Executive Officer. “As … Read more