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JV between Kraton, Formosa Petrochemical falls through

By: Nina Ying Sun

HOUSTON (Oct. 16, 1:15 p.m. ET) — Kraton Performance Polymers Inc. of Houston has exited its joint venture deal with Taipei, Taiwan-based Formosa Petrochemical Corp. (FPCC), seeking instead to expand hydrogenated styrenic block copolymer (HSBC) manufacturing capability in Asia on a stand-alone basis.

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