HOUSTON — Kraton Corp. recently unveiled that the merger, pursuant to which DL Chemical Co. Ltd. acquired Kraton, has been completed. DL Chemical acquired Kraton in an all-cash transaction valued at approximately $2.5 billion.

The merger enables Kraton to strengthen its global presence by leveraging DL Chemical’s manufacturing capabilities and footprint in the Asian market, along with its financial strength, allowing Kraton to further invest in industry-leading sustainable innovation. The merger also accelerates both DL Chemical’s and Kraton’s vision of being a global leader of specialty chemicals.

As a result of the transaction completion, Kraton is now a wholly-owned subsidiary of DL Chemical.

For more information, visit https://kraton.com or www.dlchemical.co/kr/en.