# DL Chemical completes acquisition of Kraton

DL Chemical has completed the acquisition of Kraton, a US-based SBC and biochemical company, for an undisclosed amount, becoming a global petrochemical firm.

- Type: Acquisition
- Announced: 2022-03-14
- Where: United States
- Value: $2.50B
- Status: completed
- Products: styrenic block copolymers, biochemicals
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Kraton Corporation](https://endata.com/companies/24149.md) (target)
- [DL Chemical](https://endata.com/companies/55405.md) (acquirer)

## Sources

- [sedaily.com](https://www.sedaily.com/article/13339621), 2022-03-14: "DL케미칼이 미국 크레이튼사 인수를 완료하고 본격적인 글로벌 경영에 돌입한다."
- [fuelsandlubes.com](https://www.fuelsandlubes.com/dl-chemical-completes-acquisition-of-kraton-corp-for-usd2-5b/), 2022-03-16: "DL Chemical Co., Ltd. has completed its acquisition of Kraton Corporation, a leading global sustainable producer of specialty polymers and high-value bio-based products derived from pine wood pulping co-products, in an all-cash transaction valued at approximately USD2.5 billion."
- [adhesivesmag.com](https://www.adhesivesmag.com/articles/keyword/2546-acquisitions?page=13), 2022-03-25: "Kraton Corp. recently announced that the merger pursuant to which DL Chemical Co., Ltd. acquired Kraton was completed on March 15, 2022."
- [adhesivesmag.com](https://www.adhesivesmag.com/articles/topic/2641-mergers-acquisitions?page=21), 2022-04-22: "Kraton Corp. recently announced that the merger pursuant to which DL Chemical Co., Ltd. acquired Kraton was completed on March 15, 2022."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.