Kraton Performance Polymers (KRA) Misses Q4 EPS by 4c

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Go back to Kraton Performance Polymers (KRA) Misses Q4 EPS by 4c

Kraton Corporation Announces Fourth Quarter and Full Year 2016 Results

February 27, 2017 5:21 PM EST

HOUSTON, Feb. 27, 2017 /PRNewswire/ -- Kraton Corporation (NYSE: KRA), a leading global producer of styrenic block copolymers, specialty polymers and high-value performance products derived from pine wood pulping co-products, announces financial results for the quarter and year ended December 31, 2016.

2016 FOURTH QUARTER AND FULL YEAR SUMMARY

Exceeded the previously announced target for integration synergies, delivering $37 million of the $65 million total synergies expected by 2018. Delivered an incremental $12 million of cost reductions in the Polymer segment, for an aggregate $31 million as part of our previously announced $70 million cost reset... More