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US Kraton Performance to buy Arizona Chemical

by ChemOrbis Editorial Team -
  • 30/09/2015 (13:47)
According to media reports, US-based Kraton Performance Polymers will buy Arizona Chemical Holdings in exchange for $1.37 billion in cash. The deal is expected to be completed in early 2016.

Via the acquisition, Kraton aims to diversify its markets as well as reduce its dependence to hydrocarbon-based feedstocks. In 2014, Kraton’s revenue was reported at $1.23 billion.
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