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Kraton's New Innovation Center Expected to Significantly Reduce Time to Market

Posted: 06/19/2009
Author: Richard Ott, Vice President, Kraton

 

Press Release
Kraton's New Innovation Center Expected to Significantly Reduce Time to Market
HOUSTON - June 12, 2009 - Kraton Polymers LLC (Kraton), a leading global producer of engineered polymers, announces the grand opening of its state-of-the-art Kraton Innovation Center (KIC) located on Park Row Boulevard in the West Houston Energy Corridor.   The relocation of Kraton Polymers' research and development operations are the culmination of activities which started in August 2008.  A private ceremony for invited guests, hosted by CEO, Kevin Fogarty will be held on Wednesday, June 17, 2009.
The world-class technology facility allows Kraton to upgrade and expand its current capabilities in ways that will build on existing synergies and significantly improve process efficiencies for the ultimate benefit of their customers.   "We want to publicly recognize the dedication of our employees and our construction contractors for their efforts as we transitioned to our new innovation headquarters.   Our investment in the KIC is an essential asset to our global strategic plan for growth as we identify more opportunities to partner with our customers" commented Lothar Freund, Vice President of Technology.  "We expect the center will enable us to reduce our development time to market by as much as fifty percent, allowing us to deliver products to our loyal customers faster than ever before."
In addition to being the center of excellence for technology, the KIC will serve as premiere showroom for customers to visit and participate in the creative process.  The multi-million dollar innovation center includes approximately 55,000 square feet of office and laboratory space.  With Innovations Centers in The Netherlands, Shanghai (China) and Tsukuba (Japan), Kraton continues to expand its global reach in the industry.  Kraton's latest success is a demonstration of its unwavering commitment to innovation through the development of next generation products and provides technical service to its customers around the world.
For more information on Kraton Polymers, visit our website at www.kraton.com.  In addition, customer questions and other direct inquiries may be addressed to info@kraton.com.
About Kraton
Kraton is a leading global producer of engineered polymers and, we believe, the world's largest producer of styrenic block copolymers (SBC's), a family of products whose chemistry was pioneered by us over forty years ago. SBC's are highly-engineered thermoplastic elastomers, which enhance the performance of numerous products by delivering a variety of attributes, including greater flexibility, resilience, strength, durability and processability. Kraton polymers are used in a wide range of applications, including adhesives, coatings, consumer and personal care products, sealants and lubricants,  and medical, packaging, automotive, paving, roofing and footwear products. Kraton has the leading position in nearly all of its core markets and is the only producer of SBC's with global manufacturing capability. Its production facilities are located in the United States, Germany, France, The Netherlands, Brazil and Japan.
Kraton, the Kraton logo and design, and the "Giving Innovators their Edge" tagline are trademarks of Kraton Polymers LLC.
Forward Looking Statements

This press release includes "forward-looking statements," which are statements other than statements of historical fact and are often characterized by the use of words such as "believes," "expects," "estimates," "projects," "may," "will," "intends," "plans" or "anticipates," or by discussions of strategy, plans or intentions.  All forward-looking statements in this press release are made based on management's current expectations and estimates, which involve risks, uncertainties and other factors that could cause results to differ materially from those expressed in forward-looking statements.  Readers are cautioned not to place undue reliance on forward-looking statements. We assume no obligation to update such information.

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