Kraton Corporation 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.
Sharpening focus at core pine chemicals business
Kraton recognizes the impact of this decision and are committed to a safe, respectful, and supportive transition. The health, safety, and well-being of its employees and the Dover community remain its top priorities.
With operations across multiple continents and a diverse portfolio of solutions, Kraton will continue to leverage the strength and flexibility of its global footprint to adapt quickly to market shifts and customer needs. Kraton remains committed to operational excellence, world-class service, and meaningful outcomes for its stakeholders.
“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.”