# Kraton completes $35M upgrade of biorefinery towers at Panama City facility

Kraton Corporation completed a $35 million investment to upgrade its crude tall oil biorefinery towers at its Panama City, Florida manufacturing facility. The new infrastructure was completed in November 2023.

- Type: Investment
- Announced: 2024-01-29
- Where: Panama City, Florida, United States
- Value: $35.0M
- Starts operating: Nov 2023
- Status: completed
- Products: crude tall oil, specialty polymers, biobased products
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Kraton Corporation](https://endata.com/companies/24149.md)

## Sources

- [kraton.com](https://kraton.com/newsroom/kraton-completes-35m-investment-in-biorefinery-towers-at-panama-city-facility/), 2024-01-29: "We are excited to unveil this strategic investment in our biorefinery operations."

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