Kraton Corporation Publishes 2024 Sustainability Report

Kraton Corporation, a global leader in speciality polymers and biobased solutions derived from pine wood pulping co-products, has published its 2024 Sustainability Report, ‘Innovating with Purpose’. The report showcases the company’s advancements in climate action, circular product innovation and value chain partnerships, reinforcing its commitment to sustainable solutions.

Key achievements include a 41 percent reduction in Scope 1 & 2 greenhouse gas emissions since 2014 and a 35 percent decline in emissions intensity. Kraton also maintained its EcoVadis Platinum rating for the fourth consecutive year and received the 2024 Nitto Supplier Sustainability Award. Strategic initiatives such as a Double Materiality Assessment and a USD 35 million investment in biorefinery upgrades at its Panama City facility further demonstrate Kraton’s sustainability leadership.

The company enhanced transparency by expanding life cycle assessment (LCA) data to cover nearly 90 percent of its product portfolio, helping customers evaluate environmental impacts. Additionally, Kraton launched a data excellence program to streamline ESG reporting and refine decarbonisation goals.

Aligned with GRI, SASB, UN Global Compact and TCFD frameworks, the report reflects Kraton’s sustainability pillars: Being Reliable Partners, Preserving Planet and Empowering People. These efforts underscore Kraton’s dedication to driving meaningful progress across its operations and industries.

Marcello Boldrini, Kraton Chief Executive Officer, said, “2024 marked a pivotal year in Kraton’s sustainability journey. We turned ambition into action, significantly reducing our Scope 1 and 2 emissions by 41 percent from our 2014 baseline and earned an EcoVadis Platinum rating for the fourth consecutive year. We accelerated our decarbonisation strategy, advanced biobased innovation and partnered with customers such as WJ Group and Henkel to help address global sustainability challenges. As demand for sustainable chemicals grows, our focus remains on developing the right solutions, fostering strong partnerships and cultivating the culture necessary to lead this transformation responsibly and competitively.”

Rogier Roelen, Kraton Chief Sustainability Officer, said, “We have established new processes to scale credible, data-driven sustainability across our business. In 2024, we enhanced our ESG reporting through a data harmonisation programme and completed a Double Materiality Assessment to better align with the Corporate Sustainability Reporting Directive (CSRD). We also expanded our Life Cycle Assessment (LCA) data to cover almost 90 percent of our product portfolio, providing customers with greater transparency into the environmental impact of our products. These efforts reinforce our ability to identify where we can make the most impact and support more informed, strategic decision-making.”

Enviro Signs LOI For Pyrolysis Technology Licensing In North America

Enviro Signs LOI For Pyrolysis Technology Licensing In North America

Scandinavian Enviro Systems AB publ has signed a letter of intent with an undisclosed partner to explore the possibility of licensing its advanced tyre pyrolysis technology for deployment in North America.

The collaboration will focus on conducting a comprehensive feasibility study to evaluate the technical and commercial viability of establishing one or multiple facilities dedicated to processing end-of-life tyres using Enviro’s proprietary method. This study is designed to provide the potential licensee with the necessary insights to assess the prospects of entering into a long-term commercial arrangement and formal technology licensing agreement.

It is important to note that any definitive agreements will depend entirely on the study's outcomes and subsequent negotiations. At this stage, there is no guarantee that the evaluation will lead to binding commitments or that the proposed transaction will ultimately materialise.

Fredrik Aaben, CEO, Scandinavian Enviro Systems, said, “We continue to see strong international interest in Enviro’s technology, and this letter of intent is yet another proof of this.”

Kraton Corporation Announces Price Hike For Polymer Products

Kraton Corporation Announces Price Hike For Polymer Products

Kraton Corporation, a leading global producer of speciality polymers and high-value bio-based chemicals derived from pine wood pulping co-products, a global price increase for all polymer products with effect from 1 April 2026. The price hike will range from USD 440 per MT to USD 700 per MT, or as individual contract terms permit, with the exact price change varying according to the polymer type and production location.

The driving forces behind these significant pricing actions are multifaceted, rooted in substantial disruptions to global supply chains. These disruptions are largely attributed to the ongoing conflict in the Middle East, which has had a cascading effect on logistics. Compounding this issue are the sharply rising costs associated with transportation and essential raw materials.

LANXESS Announces Price Hike For Rubber Additives

LANXESS Announces Price Hike For Rubber Additives

German specialty chemicals company LANXESS has announced a global price increase for its portfolio of functional additives for the manufacture of tyres and speciality rubbers. These changes, which are set to take effect immediately or as soon as individual contract terms permit, will see prices rise by 15 to 50 percent.

The driving forces behind these significant pricing actions are multifaceted, rooted in substantial disruptions to global supply chains. These disruptions are largely attributed to the ongoing geopolitical conflict, which has had a cascading effect on logistics. Compounding this issue are the sharply rising costs associated with transportation and essential raw materials.

Orion S.A. Announces Price Hike For Speciality Carbon Black

Orion S.A. Announces Price Hike For Speciality Carbon Black

Orion S.A., a global speciality chemicals company, has announced a global price increase for its portfolio of speciality carbon black. These changes, which are set to take effect immediately or as soon as individual contract terms permit, will see prices rise by up to 25 percent.

In a strategic move to address persistent market volatility, the company is also implementing a variable surcharge on top of the base price increase. The driving forces behind these significant pricing actions are multifaceted, rooted in substantial disruptions to global supply chains. These disruptions are largely attributed to the ongoing conflict in the Middle East, which has had a cascading effect on logistics. Compounding this issue are the sharply rising costs associated with transportation and essential raw materials.