Kraton Performance Polymers (KRA) Tops Q1 EPS by 25c, Sales Miss
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Kraton Performance Polymers, Inc. Announces First Quarter 2016 Results
April 27, 2016 5:24 PM EDTHOUSTON, April 27, 2016 /PRNewswire/ -- Kraton Performance Polymers, Inc. (NYSE: KRA), a leading global producer of styrenic block copolymers, specialty polymers, and value-added specialty products primarily derived from renewable sources, announces financial results for the quarter ended March 31, 2016.
2016 FIRST QUARTER OVERVIEW
On January 6, 2016 we completed the acquisition of Arizona Chemical for a cash purchase price of approximately $1.37 billion, subject to adjustments for cash, indebtedness, working capital, and other items. Commensurate with the acquisition, we are reporting through two operating segments: (i) Polymer Segment and (ii) Chemical Segment. The... More