KRA - Kraton Corporation

NYSE - NYSE Delayed Price. Currency in USD

Kraton Corporation

15710 John F. Kennedy Boulevard
Suite 300
Houston, TX 77032
United States
281-504-4700
http://www.kraton.com

SectorBasic Materials
IndustrySpecialty Chemicals
Full Time Employees1,918

Key Executives

NameTitlePayExercisedYear Born
Mr. Kevin M. FogartyPres, CEO & Director1.78M4.87M1966
Christopher H. RussellVP & Chief Accounting Officer447.83kN/A1966
Mr. James Leo SimmonsSr. VP, Gen. Counsel & Sec.760.13kN/A1966
Dr. Holger R. JungSr. VP & Pres of Polymer Segment623.63kN/A1963
Mr. Marcello C. BoldriniSr. VP & Chemical Segment Pres596.53kN/A1962
Amounts are as of December 31, 2018 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Kraton Corporation manufactures and sells styrenic block copolymers and other engineered polymers in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It operates in two segments, Polymer and Chemical. The Polymer segment offers performance products, including styrene-butadiene-styrene and styrene-isoprene-styrene; and specialty polymers, such as hydrogenated styrenic block copolymers, as well as isoprene rubber and isoprene rubber latex for use in medical and personal care products, adhesives, tackifiers, paints, and coatings. The Chemical segment provides pine-based specialty products that include rosin-based tackifiers for packaging and pressure-sensitive adhesive applications; terpene-based tackifiers for bookbinding, hygiene, and pressure-sensitive adhesive applications; alpha-methyl-styrene (AMS) resins for bookbinding and pressure-sensitive adhesive applications; and hot melt polyamides for flexible packaging. It also provides rosin-based binders for the thermoplastic pavement marking submarket; tall oil fatty acids; tall oil rosin; distilled tall oil; and tall oil pitch; and produces insoluble maleic-based tackifiers, as well as bitumen additives. In addition, this segment offers terpene-based tread enhancement resins and AMS-based tread enhancement additives; dimer acids and terpene fractions for fuel additives, oilfield chemicals, mining fluids, coatings, metalworking fluids, and lubricants The company sells its products through various channels, including direct sales force, marketing representatives, and distributors under the Kraton and Cariflex brands. The company was formerly known as Kraton Performance Polymers, Inc. and changed its name to Kraton Corporation in September 2016. Kraton Corporation is based in Houston, Texas.

Corporate Governance

Kraton Corporation’s ISS Governance QualityScore as of July 29, 2019 is 3. The pillar scores are Audit: 1; Board: 1; Shareholder Rights: 7; Compensation: 1.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.