HOUSTON, Aug. 30, 2017 /PRNewswire/ -- Kraton Corporation (NYSE: KRA), a leading global producer of styrenic block copolymers, specialty polymers and high-value performance products derived from pine wood pulping co-products, announces a donation of $25,000 to the American Red Cross in response to communities impacted by Hurricane Harvey. Employee donations to qualified Hurricane Harvey relief charities will also be matched – up to $25,000 – with a company contribution to the American Red Cross.
"Our thoughts and prayers go out to everyone affected by this unprecedented disaster, including our employees, partners and community members," said Kevin M. Fogarty, Kraton's President and Chief Executive Officer. "The American Red Cross is instrumental in providing relief for many residents of Houston and surrounding areas, and we are committed to providing any support we can as all of us work together to recover from this storm."
Kraton has approximately 2,000 employees worldwide, with about 138 personnel based in Houston. All employees in the Houston area have been accounted for, but unfortunately, some have taken in water, lost their cars and/or had to evacuate their homes. To help those employees during this difficult time, Kraton will provide financial assistance to those employees who were personally and directly impacted by Hurricane Harvey.
"As the storm moves away from the Houston area, the aftermath recovery will likely reveal specific needs and demand for more support," said Fogarty. "Kraton will continue to assess the need for additional assistance and resources to help our community in the coming months."
About Kraton Corporation
Kraton Corporation (NYSE "KRA") is a leading global producer of styrenic block copolymers, specialty polymers and high-value performance products derived from pine wood pulping co-products. Kraton's polymers are used in a wide range of applications, including adhesives, coatings, consumer and personal care products, sealants and lubricants, and medical, packaging, automotive, paving, roofing and footwear products. As the largest global provider in the pine chemicals industry, the company's pine-based specialty products are sold into adhesive, road and construction and tire markets, and it produces and sells a broad range of chemical intermediates into markets that include fuel additives, oilfield chemicals, coatings, metalworking fluids and lubricants, inks, flavors and mining. Kraton offers its products to a diverse customer base in over 70 countries worldwide. Kraton, the Kraton logo and design are all trademarks of Kraton Corporation., or its subsidiaries or affiliates.