×

BRIEF-Kraton Performance Polymers updates expansion plans

Oct 3 (Reuters) - Kraton Performance Polymers Inc :

* Announces plans to expand hydrogenated styrenic block copolymer capacity in

Asia on a stand-alone basis

* Opted not to extend previously announced framework agreement between co and

formosa petrochemical corporation

* Says locations in Asia, including those in China, will be the primary areas

of focus.

* In Q3 co sees to incur one-time pre-tax charge not to exceed $10 million for

write-off of portion costs

((Bangalore Equities Newsroom; +91 80 4135 5800; within U.S. +1 646 223 8780))

((For more news, please click here ))