Date:2/27/2013

Formosa, a significant milestone that formally sets in motion our plans to fund the joint venture, finalize the engineering, and begin construction of a state-of-the-art HSBC plant in Mailiao, Taiwan," said Fogarty.  "We have long believed that a joint venture with Formosa provides the most compelling option for Kraton's Asia HSBC capacity expansion.  In addition to an attractive capital structure, the location at Formosa's site in Mailiao will provide the joint venture with a centralized location to serve Kraton's global customers, including important growth markets throughout the Asia Pacific region.  As well, the joint venture will have access to competitively priced on-site feedstocks, site services, and Formosa's vast resources, including project execution expertise, that should significantly reduce project execution and operational risk."Three Months Ended December 31,Years Ended December 31,(US $ in thousands, except per share amounts)2012201120122011Revenues

$  296,418$  304,230$ 1,423,122$   1,437,479Adjusted EBITDA⁽¹⁾

$
2,124$
(6,953)$
3,309$
94,327Adjusted EBITDA at ECRC ⁽¹⁾

$
22,359$
29,658$
43,842$
27,995Net income (loss) ⁽²⁾

$   (29,452)$   (21,022)$
(16,191)$
90,925Net income (loss) per diluted share⁽²⁾

$
(0.91)$
(0.66)$
(0.50)$
2.81Net cash provided by operating activities

$
44,145$
,225$   146,333$
4,775 

(1)
A reconciliation of Net Income (loss) to Adjusted EBITDA and Adjusted EBITDA at ECRC is included in the accompanying financial tables.

(2)
Net income (loss) includes the following (charges)/benefits (US $ in thousands, except per share amounts):Three months ended
December 31, 2012Three months ended
December 31, 2011After TaxEPSAfter TaxEPSRetirement plan settlement

$
(1,100)<
'/>"/>

SOURCE Kraton Performance Polymers, Inc. Copyright©2012 PR Newswire. All rights reserved

0 GOOD

Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23
Related medicine technology :

1. Cariflex™ Polyisoprene Products by Kraton Performance Polymers Added to PolyOne Distribution Product Line
2. Kraton Performance Polymers, Inc. Announces Second Quarter 2012 Earnings Release Conference Call and Webcast and 2012 Investor Day and Webcast
3. Shire Delivers Strong First Quarter Performance and Reiterates its Expectation of Good Full Year Earnings Growth
4. Staffing and Performance Benchmarks for Quality Function Highlight New Medical Device Study
5. Life Extension Foundation® study finds Cognitex® with NeuroProtection Complex may provide a positive impact on cognitive performance
6. Richard Wolf Medical Instruments introduces groundbreaking 5514 Endocam Performance HD
7. Vocollect Healthcare Systems And Prime Care Technologies Bring AccuNurse Key Performance Metrics To Long-Term Care Providers Via primeVIEW Digital Dashboard
8. Research Shows Improved Brain Performance With Citicoline
9. Transonic Systems Selects Infinity Info Systems To Implement Microsoft Dynamics CRM To Drive Business Performance And Operational Excellence
10. BD Launches New Needle Designed to Improve Performance and Patient Comfort
11. Abaxis Reports Financial Performance For The First Quarter Of Fiscal 2013