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Kraton Corporation Announces Second Quarter 2021 Results prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
Kraton Corporation Announces First Quarter 2021 Results
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HOUSTON, April 28, 2021 /PRNewswire/ Kraton Corporation (NYSE: KRA), a leading global sustainable producer of specialty polymers and high-value biobased products derived from pine wood pulping co-products, announces financial results for the quarter ended March 31, 2021.
FIRST QUARTER 2021 SUMMARY
Consolidated net income of $34.6 million, compared to $209.0 million in the first quarter of 2020.
Consolidated net income decline related to the first quarter 2020 gain on disposition of our Cariflex business.
Adjusted EBITDA
(1) of $67.7 million, down 13.0% compared to the first quarter of 2020.
Polymer segment operating income of $39.9 million, up 122.4% compared to the first quarter of 2020, and Adjusted EBITDA
Kraton Corporation Announces First Quarter 2021 Results prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
Kraton Corporation Announces Fourth Quarter and Full Year 2020 Results
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HOUSTON, Feb. 24, 2021 /PRNewswire/ Kraton Corporation (NYSE: KRA), a leading global sustainable producer of specialty polymers and high-value biobased products derived from pine wood pulping co-products, announces financial results for the quarter and year ended December 31, 2020.
2020 FOURTH QUARTER AND FULL YEAR SUMMARY
Fourth quarter consolidated net loss of $21.0 million compared to consolidated net loss of $22.1 million in the fourth quarter of 2019.
Fourth quarter Adjusted EBITDA
(1) of $54.4 million, up 11.0% compared to the fourth quarter of 2019.
Polymer segment operating income of $27.2 million in the fourth quarter of 2020, compared to operating loss of $5.2 million in the fourth quarter of 2019 and Adjusted EBITDA