DL Chemical acquired Kraton for US$2.5 billion
American Kraton said on the 27th that DL Chemicals will acquire 100% of Kraton's shares in an all-cash transaction with a transaction value of US$2.5 billion.
According to the agreement, Kraton shareholders will receive US$46.50 in cash per share of Kraton's common stock. Compared with Kraton's market valuation as of the beginning of July, the premium is 50%.
DL Chemical said that Kraton's specialty polymers and bio-based chemicals business can provide customers with a wider range of products and serve various end markets.
Kraton’s board of directors unanimously approved the merger agreement and recommended that shareholders vote for the transaction. The acquisition is expected to end in the first half of 2022.
You May Interested In
2026-07-26
Trade Alert
Delivering the latest product trends and industry news straight to your inbox.
(We'll never share your email address with a third-party.)
Related News
-
Backed by Hanwha and DL, Still No Rescue? South Korea's Third-Largest Ethylene Giant on the Brink of Collapse
-
AkzoNobel Rejects €12.5 Billion Offer from Nippon Paint and Sherwin-Williams, Sticks to Merger with Axalta
-
Asahi Kasei Plans to Double Photosensitive Polyimide Production Capacity by 2030
-
Evonik Inaugurates New Speciality Alumina Plant in Japan, Bolstering Regional Growth Strategy
-
DSM-Firmenich to Invest €70 Million to Expand Its India Presence
-
An Explosion Has Occurred in the Jubail Industrial City, Putting 6–8% of Global Petrochemical Production Capacity at Risk
-
IMCD to Acquire Tillmanns
-
Evonik Launches Asia’s First Alkoxide Plant in Jurong Island
-
¥20 Million Investment Lands in Qingdao: China and Japan Join Hands to Build High-Active Zinc Oxide Production Base
-
Ashland Q3 Sales Drop 15 Percent but EBITDA Margin Holds at 24.4 Percent Self-Help Actions Boost Outlook
Recommend Reading
-
AstraZeneca Targets Year-End Filing for Novel Hypertension Drug Baxdrostat
-
IFF to Establish Scent Creative Center in Mumbai
-
Pirelli H1 Revenue Hits €3.5 Billion Net Income Up 14 Percent High-Value Tire Sales Surge to 80 Percent
-
CNCEC Signs Strategic Framework with Egypt for Red Sea Petrochemical Hub $1 Billion in New Contracts in 2025
-
Novo Nordisk Launches Wegovy in South Africa One in Two Adults Faces Obesity as GLP-1 Drug Competition Heats Up
-
Dimethyl Carbonate: Properties and Industrial Applications
-
Falling Crude Oil Prices Weigh Down Commodities; Maleic Anhydride Market Trends Also Weaken Accordingly
-
October Anhydrous Hydrogen Fluoride Market Prices Rise in China
-
Weak Supply and Demand, Falling Costs: Acrylic Acid Prices Hit New Lows and Stabilize
-
Phosphate Market Shows Narrow Fluctuations (10.17-10.23)