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Polymer producer Kraton Performance files for an IPO

October 1, 2009
KRA

Kraton Performance Polymers, which produces styrenic block copolymers (SBCs), filed on Thursday with the SEC to raise up to $230 million in an initial public offering. The Houston, TX-based company, was founded in 2003 and booked $1,043 million in sales over the last 12 months. Credit Suisse, BofA Merrill Lynch and Morgan Stanley are the lead underwriters on the deal. No pricing terms were disclosed.