Kraton's Fourth-Quarter Loss Widens on High Raw Material Costs

摘要

Kraton Polymers reported a fourth-quarter 2007 net loss of 36 million, compared to a loss of 25 million in the year-ago period. Sales rose 5%, to 258 million. For the full-year 2007, Kraton posted a loss of 43.7 million, on sales up 4%, to about 1 billion. The company posted a 3.6 million loss in 2006. "The resulting impact of rising monomer and other key input costs more than offset a 2% growth in volume," says Kraton's president and CEO Kevin Fogarty.