Kraton to Exhibit HT1200 Polymer - Analyst Blog


Specialty chemicals company Kraton Performance Polymers Inc. ( KRA ) 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. ( WLK ), Ferro Corporation ( FOE ) and PolyOne Corporation ( POL ). 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 Report

POLYONE CORP (POL): Free Stock Analysis Report

WESTLAKE CHEM (WLK): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

This article appears in: Investing , Business , Stocks

Referenced Stocks: FOE , KRA , POL , WLK

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