Kraton strives to make a Positive Difference to our customers, in our jobs and to the world. We achieve this through a commitment to safe, compliant, socially- and environmentally-sound operations that help create long-term value in a resource-constrained world.
Sustainability is at the core of our company, as we deliver on our promise of Sustainable Solutions. Endless Innovation.™ It is embedded across the organization, allowing us to grow our business, improve productivity and manage risks – and enable our customers to do the same. Through a relentless focus on product quality and sustainability, we help meet market demands, advance the bioeconomy and promote a more sustainable future for everyone.
By 2050, the United Nations expects the global population to reach approximately 9.5 billion people. The expectations are that millions of people will be lifted out of poverty, increasing living standards and driving demand for our products. How can we meet the growing population’s need for food, housing, infrastructure and mobility when we have a fixed resource base?
Kraton believes our role is to
The use of resources to support a growing population drives environmental impacts like climate change. These impacts raise concerns about economic and human health that regulators and governments tackle through new policies, commitments and regulations relating to Environmental, Social and Governance (ESG) issues. Complex and globalized supply chains present risks relating to human rights, labor, environmental and anti-corruption issues. That is why responsible supply chain management is a strategic priority area in Kraton’s sustainability strategy.
Across the globe, sustainability is high on the agendas of governments, investors, customers and other stakeholders. There is a demand for companies to proactively manage ESG issues, work toward more sustainable outcomes and transparently report about our actions – with the ultimate goal of driving more sustainable economies that support a highly-populated future. Kraton is well positioned to create exceptional value by delivering on tomorrow’s innovative products and solutions.
Kraton operates in a complex environment. To conduct our business, we depend on a wide variety of stakeholders for materials, maintenance, freight forwarding, warehousing, tolling and more. Many factors impact our ability to compete, including breadth of product offering, supply reliability, market cycles and operational sustainability. Customers value a supplier’s ability to design and produce customized products and the availability of technical support. We compete against a broad range of alternative materials throughout our product groups including petrochemical and vegetable-based substitutes. Major competitors include large domestic and international companies. New megatrends present not only opportunities on which to capitalize, but also risks to manage, mitigate and avoid. Customers appreciate our biobased-certified products and our progress in corporate sustainability management. We achieved the EcoVadis Silver Rating with a higher level of sustainability performance than our industry’s average.
Kraton operates through two major segments: Polymer and Chemical. Our Polymer Segment is known for its styrenic block copolymers (SBC) – a class of thermoplastic elastomers offering excellent flexibility, high impact resistance, safety and recyclability. The segment also includes isoprene rubber and isoprene rubber latex, which are recognized industry-wide as an ideal alternative to natural rubber. Our Chemical Segment pioneered the process for refining crude tall oil (CTO) and crude sulfate turpentine (CST), into biobased chemicals that provide high-performance capabilities with renewable attributes. CTO and CST are byproducts of the kraft pulp industry.
Kraton provides innovations that allow chemical formulators and consumer brands to touch lives in the most imaginative ways. Whether the market demands a longer lasting asphalt or more sustainable paint, Kraton enables the development of groundbreaking innovations that change the way we live. Whether you are at home or on the road, our products improve the quality of countless everyday items that enhance your way of life.