The company noted it is an essential supplier into many industries serving the COVID-19 response and recovery, including food and beverage packaging and healthcare applications. 

The pandemic has negatively impacted every region and many end markets, but certain end markets such as healthcare and packaging are holding up well."

We have achieved significant growth in sustainable solutions, healthcare and composites in 2021. 

Healthcare

These portfolio actions also increased our presence in healthcare, defense, packaging and consumer goods, making our end market exposure significantly less cyclical, compared to when we began our transformation. Our end markets include consumer, packaging, defense, healthcare, industrial, transportation, building and construction, telecommunications and energy. Our offerings also include proprietary inks and latexes for diversified markets such as recreational and athletic apparel, construction and filtration, outdoor furniture and healthcare.

Kraton will continue to supply us with styrenic block co-polymers and we will leverage our expertise in TPE formulation to accelerate growth, primarily in the consumer and healthcare markets."

While we anticipate weakness in consumer and transportation end markets, we see opportunities for growth in our largest end market, packaging, as well as strength in our high profit portfolios in defense and healthcare.   

Healthcare

Healthcare

Healthcare