Kraton Corporation

Chemical Management

Kraton Corporation & DL Chemical Co., Ltd. | September 27, 2021

Kraton Corporation , a leading global sustainable producer of specialty polymers and high-value bio-based products derived from pine wood pulping co-products, today announced that it has entered into a definitive merger agreement (the "Merger Agreement") pursuant to which DL Chemical Co., Ltd. ("DL Chemical"), a subsidiary of DL Holdings Co., Ltd. (formerly Daelim Industrial Co., Ltd.), will acquire 100% of Kraton in an all-cash transaction implying an enterprise value of app...

Chemical Management

Kraton Corporation | March 16, 2022

Kraton Corporation announced it had closed the deal with DL Chemical Co., Ltd. DL Chemical acquired Kraton in an all-cash transaction valued at nearly $2.5 billion. DL Chemical is a prominent petrochemical company having over 46 years of operational experience and a unique technological base in Korea. The company was the first to export polybutene technology to the United States. DL Chemical is the world's largest polybutene producer with a production capacity of 200 KTA year....

Nasdaq | January 15, 2020

Atotech, a Carlyle-backed specialty chemicals company carved out of Total, filed on Wednesday with the SEC to raise up to $100 million in an initial public offering.However, the deal size is likely a placeholder for an IPO that we estimate could raise $1 billion. The Berlin, Germany-based company was founded in 1993 and booked $1.2 billion in revenue for the 12 months ended September 30, 2019. It plans to list on the NYSE under the symbol ATC. Atotech filed confidentially on June 7, 2019. ...

PR Newswire | January 14, 2020

The new LDPE unit had not yet achieved beneficial operation (BO) as planned for in December 2019. The unit was in the final stages of commissioning and startup when the incident occurred. The unit has been shut down and an investigation is underway to determine the cause of the incident, the extent of the damage and resulting impact on the LDPE unit's BO schedule. All other Lake Charles units and previously commissioned LCCP units, namely the ethane cracker, ethylene glycol/ethylene oxide an...