HOUSTON—Kraton Corp. will introduce a general price increase of 20 percent across its crude tall oil (CTO) refinery products and derivatives, the company announced May 24.
The increase will be effective July 1 and is subject to the terms of any applicable contracts, said Kraton.
A by-product of pine wood pulping used by paper mills, Kraton processes CTO in a bio-refinery into four different fractions: tall oil fatty acid, tall oil rosin, distilled tall oil and pitch.
These fractions are further processed into bio-based chemicals—like terpenes, which can be used in the production of tread enhancement additives for tires or tackifying resins for adhesives.
