Kraton to Exit Dover Site and Refocus on Core Pine Chemicals Business
Kraton Corporation announced a strategic shift to concentrate on its core pine chemicals business, including plans to exit its Dover, Ohio manufacturing site and phase out its Dimer and Polyamides business lines. The decision is part of a broader realignment intended to streamline operations and accelerate long-term growth.
“Our strategy is clear: focus where we have the greatest impact and drive the most value,” said Minco van Breevoort, president of Kraton Pine Chemicals. “This decision allows us to prioritize investments in our core pine chemical assets and innovation. Our Crude Tall Oil refinery rates will not be impacted, and we’ll be better positioned to support customers with Tall Oil Fatty Acid supply.”
Kraton stated that the health and safety of its employees and the Dover community remain top priorities during the transition. The company acknowledged the contributions of the Dover team and expressed appreciation for their long-standing commitment to operational excellence.
Headquartered in The Woodlands, Texas, Kraton serves a global customer base with specialty polymers and pine-based performance chemicals across a wide range of industries. The company remains committed to operational excellence and supporting customer needs through its diversified global footprint.
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