Specialty chemicals company
Kraton Performance Polymers Inc.
) will be hosting a technical seminar at the 16th China
International Adhesives and Sealants Exhibition to be held in
Guangzhou, China, from Sep 25-27.
Kraton will be sharing a technical presentation on the new SIS
polymer - Kraton HT1200 - for hot melt and solvent based adhesive
applications on Sep 26 at Guangzhou Poly World Trade Center.
Kraton will be describing the performance attributes of this
highly-branched star polymer technology, which includes excellent
solvent resistance in crosslink systems, good adhesive
properties, high tack, and resistance to higher temperatures
compared to other SIS copolymers at the seminar. The potential
applications for Kraton HT1200 polymer include specialty tapes
and labels, co-extrudable adhesive films, soft printing plates
and flexible contact adhesives. The specialty of HT1200 polymer
is that it offers the lowest PSC of the Kraton SIS product line.
Kraton technical experts will be available at the seminar to help
the attendees get a detailed overview on the use of Kraton
polymers in coatings and sealants. They will also be discussing
about new technologies and applications including water born
dispersion, protective films.
Kraton is a leading global manufacturer of engineered polymers
used to enhance the performance of products. The company also
invented styrenic block copolymer (SBC) chemistry and its
portfolio also consists of value-enhancing polymers that are used
in a wide variety of applications.
Kraton posted its second-quarter 2013 results on Jul 31. The
company's adjusted earnings was 15 cents a share compared with 46
cents a share earned in the year-ago quarter. The results were
below the Zacks Consensus Estimate of 24 cents.
Profit, as reported, was $3.8 million or 12 cents per share. This
represents a 68% decrease from $12.4 million or 38 cents per
share posted in the prior-year quarter.
Revenues decreased 11% to $334.5 million in the quarter from
$375.8 million in the year-ago quarter, missing the Zacks
Consensus Estimate of $363 million. The results were impacted by
a fall in global product sales prices associated with lower
average raw material costs and foreign exchange headwinds.
Kraton currently retains a Zacks Rank #5 (Strong Sell).
Other chemical companies with favorable Zacks Rank are
Westlake Chemical Corp.
). While Westlake holds a Zacks Rank #1 (Strong Buy), both Ferro
and PolyOne retain a Zacks Rank #2 (Buy).
FERRO CORP (FOE): Free Stock Analysis Report
KRATON PERFORM (KRA): Free Stock Analysis
POLYONE CORP (POL): Free Stock Analysis
WESTLAKE CHEM (WLK): Free Stock Analysis
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