Kraton closes Dover site, exits dimer and polyamides business lines

Kration will focus on core business growth

Kraton Corporation, a leading global producer of specialty polymers and high-value biobased products derived from pine chemicals, announced a strategic realignment of its operations to sharpen its focus on core capabilities and accelerate long-term growth. As part of this initiative, the company will exit its Dover, Ohio manufacturing site and transition away from the Dimer and Polyamides business lines.

“Our strategy is clear: focus where we have the greatest impact and drive the most value,” said Minco van Breevoort, President, Kraton Pine Chemicals. “By streamlining operations, we can direct investments toward core Pine Chemical assets and innovation. Our Crude Tall Oil refinery rates will not be impacted by this decision.  We will have greater ability to support our customers with Tall Oil Fatty Acid supply.”