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Business
Kraton Cancels Polymer Venture
by Alexander H. Tullo
October 15, 2012
| A version of this story appeared in
Volume 90, Issue 42
Kraton is abandoning plans to build a 30,000-metric-ton-per-year hydrogenated styrenic block copolymer plant in Taiwan with partner Formosa Petrochemical. Kraton says the project, announced in 2011, was delayed while Formosa awaited environmental approval. Formosa later concluded that the conditions for the approval put unwarranted restrictions on its Taiwanese operations. Kraton says it will proceed with the project on its own and consider locations, including ones in China, that it had evaluated in 2010 and 2011.
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