Kraton Stock Increased 5.53%: Why It Happened
The stock price of Kraton Corporation – a leading global sustainable producer of specialty polymers and high-value biobased products derived from pine wood pulping co-products – increased by 5.53%. Investors appear to be responding positively to Kraton Corporation receiving Critical Guidance Recognition from the Association of Plastic Recyclers (APR) for its CirKular+ Performance Enhancement Series C2000 and C3000 for high-density polyethylene (HDPE) bottles. The APR recognition reinforces the company's commitment to enabling sustainable high-performance solutions to address the plastics industry needs for design recyclability and the advancement of the circular economy.
The APR Critical Guidance Protocol serves as one of the most universally accepted measures for assessing recyclability in plastics packaging design worldwide. And the esteemed recognition is presented to companies whose technologies solve well-established challenges in sustainable package design. Plus the innovation must meet the strict requirements of the Critical Guidance Protocol under the APR Design Recognition Program.
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