Higher revenues at Kraton Polymers
Polymer Holdings LLC, the parent company of Kraton Polymers LLC has reported higher revenues for the first quarter 2006. Polymer Holdings total revenues for the quarter reached $229.4 million compared with $207.2 million in the comparable period of 2005, an increase of 10.7%. This improvement was primarily driven by an increase in average selling prices and an increase in sales volume. Polymer Holdings net income for the quarter was $4.3 million, compared with $3.1 million in the comparable period of 2005. Kraton’s net income for the quarter was $6.5 million compared with $5 million in the comparable period of 2005.