PolyOne buys TPE business from Kraton for $72 million

摘要

FEBRUARY 3 was a busy day for materials maker PolyOne Corp., as the firm announced a specialty materials deal and released full-year earnings for 2015. Avon Lake, Ohio-based PolyOne is paying $72 million to Kraton Performance Polymers Inc. of Houston for "certain technologies and assets." PolyOne officials said in a news release that the assets were thermoplastic elastomer-related. Kraton said they were compounding assets. Kraton's TPE products are based on styrenic block copolymers.