Kraton (KRA) 10-Q30 Apr 152015 Q1 Quarterly reportFinancial data

Company Profile

Document_and_Entity_Informatio

Document and Entity Information	3 Months Ended
Document and Entity Information	Mar. 31, 2015	Apr. 27, 2015
Document And Entity Information [Abstract]
Entity Registrant Name	KRATON PERFORMANCE POLYMERS, INC.
Entity Central Index Key	1321646
Current Fiscal Year End Date	-19
Entity Filer Category	Large Accelerated Filer
Document Type	10-Q
Document Period End Date	31-Mar-15
Document Fiscal Year Focus	2015
Document Fiscal Period Focus	Q1
Trading Symbol	KRA
Amendment Flag	FALSE
Entity Common Stock, Shares Outstanding		31,328,930

CONDENSED_CONSOLIDATED_BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)	Mar. 31, 2015	Dec. 31, 2014	Mar. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified	Mar. 31, 2015	Dec. 31, 2014	Mar. 31, 2014	Dec. 31, 2013
Current assets:
Cash and cash equivalents	$39,791	$53,818	$97,319	$175,872
Receivables, net of allowances of $301 and $245	121,004	107,432
Inventories of products	279,438	326,992
Inventories of materials and supplies	10,782	10,968
Deferred income taxes	7,487	7,247
Other current assets	22,406	24,521
Total current assets	480,908	530,978
Property, plant and equipment, less accumulated depreciation of $382,482 and $387,463	455,644	451,765
Intangible assets, less accumulated amortization of $91,723 and $88,939	48,518	49,610
Investment in unconsolidated joint venture	11,235	12,648
Debt issuance costs	6,473	7,153
Deferred income taxes	2,142	2,176
Other long-term assets	26,532	28,122
Total assets	1,031,452	1,082,452
Current liabilities:
Current portion of long-term debt	135	87
Accounts payable-trade	51,210	72,786
Other payables and accruals	41,169	50,888
Deferred income taxes	1,431	1,633
Due to related party	15,573	18,121
Total current liabilities	109,518	143,515
Long-term debt, net of current portion	392,517	351,785
Deferred income taxes	11,853	15,262
Other long-term liabilities	102,499	103,739
Total liabilities	616,387	614,301
Commitments and contingencies (note 10)
Kraton stockholders' equity:
Preferred stock, $0.01 par value; 100,000 shares authorized; none issued	0	0
Common stock, $0.01 par value; 500,000 shares authorized; 31,377 shares issued and outstanding at March 31, 2015; 31,831 shares issued and outstanding at December 31, 2014	314	318
Additional paid in capital	354,644	361,342
Retained earnings	154,648	168,041
Accumulated other comprehensive loss	-132,302	-99,218
Total Kraton stockholders' equity	377,304	430,483
Noncontrolling interest	37,761	37,668
Total equity	415,065	468,151	551,142	554,398
Total liabilities and equity	$1,031,452	$1,082,452

CONDENSED_CONSOLIDATED_BALANCE1

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, except Share data, unless otherwise specified	Mar. 31, 2015	Dec. 31, 2014
Statement of Financial Position [Abstract]
Receivables, allowances	$301	$245
Property, plant and equipment, accumulated depreciation	382,482	387,463
Intangible assets, accumulated amortization	$91,723	$88,939
Preferred stock, par value	$0.01	$0.01
Preferred stock, shares authorized	100,000,000	100,000,000
Preferred stock, shares issued	0	0
Common stock, par value	$0.01	$0.01
Common stock, shares authorized	500,000,000	500,000,000
Common stock, shares issued	31,377,000	31,831,000
Common stock, shares outstanding	31,377,000	31,831,000

CONDENSED_CONSOLIDATED_STATEME

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)	3 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Income Statement [Abstract]
Revenue	$261,429	$311,656
Cost of goods sold	214,868	254,583
Gross profit	46,561	57,073
Operating expenses:
Research and development	7,947	8,297
Selling, general and administrative	26,949	34,218
Depreciation and amortization	15,296	16,409
Total operating expenses	50,192	58,924
Earnings of unconsolidated joint venture	76	117
Interest expense, net	6,120	6,338
Loss before income taxes	-9,675	-8,072
Income tax expense	66	122
Consolidated net loss	-9,741	-8,194
Net loss attributable to noncontrolling interest	-285	-285
Net loss attributable to Kraton	($9,456)	($7,909)
Loss per common share:
Basic (in dollars per share)	($0.30)	($0.24)
Diluted (in dollars per share)	($0.30)	($0.24)
Weighted Average Shares Outstanding
Basic (in dollars per share)	31,067	32,162
Diluted (in dollars per share)	31,067	32,162

CONDENSED_CONSOLIDATED_STATEME1

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Statement of Comprehensive Income [Abstract]
Net income (loss) attributable to Kraton	($9,456)	($7,909)
Other comprehensive income (loss):
Foreign currency translation adjustments, net of tax of $0	-33,084	1,799
Other comprehensive income (loss), net of tax	-33,084	1,799
Comprehensive loss attributable to Kraton	-42,540	-6,110
Comprehensive income (loss) attributable to noncontrolling interest	93	-866
Consolidated comprehensive loss	($42,447)	($6,976)

CONDENSED_CONSOLIDATED_STATEME2

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (Parenthetical) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Statement of Comprehensive Income [Abstract]
Foreign currency translation adjustments, tax effect	$0	$0

CONDENSED_CONSOLIDATED_STATEME3

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (USD $)	Total	Common Stock	Additional Paid in Capital	Retained Earnings	Accumulated Other Comprehensive Income (Loss)	Total Kraton Stockholders' Equity	Noncontrolling Interest
In Thousands	Total	Common Stock	Additional Paid in Capital	Retained Earnings	Accumulated Other Comprehensive Income (Loss)	Total Kraton Stockholders' Equity	Noncontrolling Interest
Beginning balance at Dec. 31, 2013	$554,398	$325	$363,590	$170,827	($21,252)	$513,490	$40,908
Net loss	-8,194			-7,909		-7,909	-285
Other comprehensive income (loss)	1,218				1,799	1,799	-581
Retired treasury stock from employee tax withholdings	-429		-429			-429	0
Exercise of stock options	535	1	534			535
Non-cash compensation related to equity awards	3,614	2	3,612			3,614
Ending balance at Mar. 31, 2014	551,142	328	367,307	162,918	-19,453	511,100	40,042
Beginning balance at Dec. 31, 2014	468,151	318	361,342	168,041	-99,218	430,483	37,668
Net loss	-9,741			-9,456		-9,456	-285
Other comprehensive income (loss)	-32,706				-33,084	-33,084	378
Retired treasury stock from employee tax withholdings	-548		-548			-548
Retired treasury stock from share repurchases	-12,881	-7	-8,937	-3,937		-12,881	0
Exercise of stock options	181	0	181			181
Non-cash compensation related to equity awards	2,609	3	2,606			2,609
Ending balance at Mar. 31, 2015	$415,065	$314	$354,644	$154,648	($132,302)	$377,304	$37,761

CONDENSED_CONSOLIDATED_STATEME4

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
CASH FLOWS FROM OPERATING ACTIVITIES
Consolidated net income (loss)	($9,741)	($8,194)
Adjustments to reconcile consolidated net loss to net cash used in operating activities:
Depreciation and amortization	15,296	16,409
Amortization of debt premium	-42	-40
Amortization of debt issuance costs	551	553
Loss (gain) on disposal of property, plant and equipment	17	-17
Earnings from unconsolidated joint venture, net of dividends received	287	370
Deferred income tax benefit	-2,254	-2,393
Share-based compensation	2,609	3,614
Decrease (increase) in:
Accounts receivable	-20,464	-20,748
Inventories of products, materials and supplies	35,361	-14,300
Other assets	177	573
Increase (decrease) in:
Accounts payable-trade	-16,958	-24,362
Other payables and accruals	-7,091	-6,617
Other long-term liabilities	-1,688	582
Due to related party	-2,557	983
Net cash used in operating activities	-6,497	-53,587
CASH FLOWS FROM INVESTING ACTIVITIES
Kraton purchase of property, plant and equipment	-14,725	-15,205
KFPC purchase of property, plant and equipment	-15,968	-4,980
Purchase of software and other intangibles	-541	-1,062
Net cash used in investing activities	-31,234	-21,247
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from debt	25,000	0
Repayments of debt	-5,000	0
KFPC proceeds from debt	19,977	0
Capital lease payments	-32	-3,011
Purchase of treasury stock	-13,429	-429
Proceeds from the exercise of stock options	181	535
Net cash provided by (used in) financing activities	26,697	-2,905
Effect of exchange rate differences on cash	-2,993	-814
Net decrease in cash and cash equivalents	-14,027	-78,553
Cash and cash equivalents, beginning of period	53,818	175,872
Cash and cash equivalents, end of period	39,791	97,319
Supplemental disclosures:
Cash paid during the period for income taxes, net of refunds received	1,963	2,293
Cash paid during the period for interest, net of capitalized interest	11,183	11,608
Capitalized interest	1,016	636
Supplemental non-cash disclosures:
Property, plant and equipment accruals	3,410	15,168
Asset acquired through capital lease	$681	$7,033

General

General	3 Months Ended
	Mar. 31, 2015
Accounting Policies [Abstract]
General	General
	Description of our Business. We are a leading global producer of styrenic block copolymers (“SBCs”) and other engineered polymers. SBCs are highly-engineered synthetic elastomers, which we invented and commercialized almost 50 years ago, that enhance the performance of numerous products by imparting greater flexibility, resilience, strength, durability and processability.
	Our polymers are typically formulated or compounded with other products to achieve improved, customer-specific performance characteristics in a variety of applications. We seek to maximize the value of our product portfolio by emphasizing complex or specialized polymers and innovations that yield higher margins than more commoditized products. We refer to these complex or specialized polymers or innovations as being more “differentiated.”
	Our products are found in many everyday applications, including personal care products such as disposable diapers and the rubberized grips of toothbrushes, razor blades and power tools. Our products are also used to impart tack and shear properties in a wide variety of adhesive products and to impart characteristics such as flexibility and durability in sealants and corrosion resistance in coatings. Our paving and roofing applications provide durability, extending road and roof life.
	We also produce CariflexTM isoprene rubber and isoprene rubber latex. Our Cariflex products are based on synthetic polyisoprene polymer and do not contain natural rubber latex or other natural rubber products making them an ideal substitute for natural rubber latex, particularly in applications with high purity requirements such as medical, healthcare, personal care and food contact. We believe the versatility of Cariflex products provides opportunities for new, high margin applications.
	We manufacture our polymers at five manufacturing facilities globally, including our flagship facility in Belpre, Ohio, as well as facilities in Germany, France, Brazil and Japan. The facility in Japan is operated by an unconsolidated manufacturing joint venture. The terms “Kraton,” “our company,” “we,” “our,” “ours” and “us” as used in this report refer collectively to Kraton Performance Polymers, Inc. and its consolidated subsidiaries.
	Basis of Presentation. The accompanying unaudited condensed consolidated financial statements presented herein are for us and our consolidated subsidiaries, each of which is a wholly-owned subsidiary, except our 50% investment in our joint venture, Kraton Formosa Polymers Corporation (“KFPC”), located in Mailiao, Taiwan. KFPC is a variable interest entity for which we have determined that we are the primary beneficiary and, therefore, have consolidated into our financial statements. Our 50% investment in our joint venture located in Kashima, Japan is accounted for under the equity method of accounting. All significant intercompany transactions have been eliminated. These interim financial statements should be read in conjunction with the consolidated financial statements included in our Annual Report on Form 10-K for the year ended December 31, 2014 and reflect all normal recurring adjustments that are, in the opinion of management, necessary to present fairly our results of operations and financial position. Amounts reported in our Condensed Consolidated Statements of Operations are not necessarily indicative of amounts expected for the respective annual periods or any other interim period, in particular due to the effect of seasonal changes and weather conditions that typically affect our sales into paving and roofing applications.
	Significant Accounting Policies. Our significant accounting policies have been disclosed in Note 1 Description of Business, Basis of Presentation and Significant Accounting Policies in our most recent Annual Report on Form 10-K. There have been no changes to the policies disclosed therein. The accompanying unaudited condensed consolidated financial statements we present in this report have been prepared in accordance with those policies.
	Use of Estimates. The preparation of condensed consolidated financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the condensed consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.
	Significant items subject to such estimates and assumptions include

	•	the useful lives of fixed assets;

	•	allowances for doubtful accounts and sales returns;

	•	the valuation of derivatives, deferred tax assets, property, plant and equipment, inventory, investments and share-based compensation; and

	•	liabilities for employee benefit obligations, environmental matters, asset retirement obligations (“ARO”), income tax uncertainties and other contingencies.
	Income Tax in Interim Periods. We conduct operations in separate legal entities in different jurisdictions. As a result, income tax amounts are reflected in these condensed consolidated financial statements for each of those jurisdictions. Tax laws and tax rates vary substantially in these jurisdictions and are subject to change based on the political and economic climate in those countries. We file our tax returns in accordance with our interpretations of each jurisdiction’s tax laws. We record our tax provision or benefit on an interim basis using the estimated annual effective tax rate. This rate is applied to the current period ordinary income or loss to determine the income tax provision or benefit allocated to the interim period.
	Losses from jurisdictions for which no benefit can be realized and the income tax effects of unusual and infrequent items are excluded from the estimated annual effective tax rate. Valuation allowances are provided against the future tax benefits that arise from the losses in jurisdictions for which no benefit can be realized. The effects of unusual and infrequent items are recognized in the impacted interim period as discrete items.
	The estimated annual effective tax rate may be significantly affected by nondeductible expenses and by our projected earnings mix by tax jurisdiction. Adjustments to the estimated annual effective income tax rate are recognized in the period during which such estimates are revised.
	We have established valuation allowances against a variety of deferred tax assets, including net operating loss carryforwards, foreign tax credits and other income tax credits. Valuation allowances take into consideration our expected ability to realize these deferred tax assets and reduce the value of such assets to the amount that is deemed more likely than not to be recoverable. Our ability to realize these deferred tax assets is dependent on achieving our forecast of future taxable operating income over an extended period of time. We review our forecast in relation to actual results and expected trends on a quarterly basis. If we fail to achieve our operating income targets, we may change our assessment regarding the recoverability of our net deferred tax assets and such change could result in a valuation allowance being recorded against some or all of our net deferred tax assets. A change in our valuation allowance would impact our income tax expense/benefit and our stockholders’ equity and could have a significant impact on our results of operations or financial condition in future periods.

New_Accounting_Pronouncements

New Accounting Pronouncements	3 Months Ended
New Accounting Pronouncements	Mar. 31, 2015
Accounting Changes and Error Corrections [Abstract]
New Accounting Pronouncements	New Accounting Pronouncements
	Adoption of Accounting Standards
	We have implemented all new accounting pronouncements that are in effect and that management believes would materially affect our financial statements.
	New Accounting Standards
	In May 2014, the Financial Accounting Standards Board issued Accounting Standards Update ("ASU") No. 2014-09, Revenue from Contracts with Customers, which provides a single comprehensive model for entities to use in accounting for revenue arising from contracts with customers and will supersede most current revenue recognition guidance. The standard is effective for public entities for annual and interim periods beginning after December 15, 2016. Early adoption is not permitted. Our evaluation of this standard is currently ongoing and therefore, the effects of this standard on our financial position, results of operations and cash flows are not yet known.
	In April 2015, the Financial Accounting Standards Board issued ASU No. 2015-03, Interest-Imputation of Interest. This standard requires that debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of such debt liability. In adopting ASU 2015-03, companies must apply the guidance on a retrospective basis. The standard is effective for fiscal years, and interim periods within those years, beginning after December 15, 2015 and early adoption is permitted. We plan to adopt ASU 2015-03 in accordance with these requirements. We have assessed the impact of this new standard on our Condensed Consolidated Financial Statements and concluded that it would result in reductions of approximately $2.3 million, $6.5 million, and $8.8 million of other current assets, debt issuance costs, and long-term debt, respectively, as of March 31, 2015.

ShareBased_Compensation

Share-Based Compensation	3 Months Ended
Share-Based Compensation	Mar. 31, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Share-Based Compensation	Share-Based Compensation
Share-Based Compensation	We account for share-based awards under the provisions of ASC 718, “Compensation—Stock Compensation.” Accordingly, share-based compensation cost is measured at the grant date based on the fair value of the award and we expense these costs using the straight-line method over the requisite service period. Share-based compensation expense was $2.6 million and $3.6 million for the three months ended March 31, 2015 and 2014, respectively.

Detail_of_Certain_Balance_Shee

Detail of Certain Balance Sheet Accounts	3 Months Ended
	Mar. 31, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Detail of Certain Balance Sheet Accounts	Detail of Certain Balance Sheet Accounts



		31-Mar-15			31-Dec-14
		(In thousands)
	Inventories of products:
	Finished products	$	229,033		$	253,834

	Work in progress	3,769			5,552

	Raw materials	46,636			67,606

	Total inventories of products	$	279,438		$	326,992

	Other payables and accruals:
	Employee related	$	14,659		$	16,156

	Interest payable	2,236			7,959

	Other	24,274			26,773

	Total other payables and accruals	$	41,169		$	50,888

	Other long-term liabilities:
	Pension and other postretirement benefits	$	89,157		$	86,605

	Other	13,342			17,134

	Total other long-term liabilities	$	102,499		$	103,739

	Accumulated other comprehensive loss:
	Foreign currency translation adjustments	$	(54,954	)	$	(21,870	)
	Net unrealized loss on net investment hedge	(1,926		)	(1,926		)
	Benefit plans liability	(75,422		)	(75,422		)
	Total accumulated other comprehensive loss	$	(132,302	)	$	(99,218	)

Earnings_Per_Share_EPS

Earnings Per Share ("EPS")	3 Months Ended
	Mar. 31, 2015
Earnings Per Share [Abstract]
Earnings Per Share ("EPS")	Earnings Per Share (“EPS”)
	Basic EPS is computed by dividing net income attributable to Kraton by the weighted-average number of shares outstanding during the period.
	Diluted EPS is computed by dividing net income attributable to Kraton by the diluted weighted-average number of shares outstanding during the period and, accordingly, reflects the potential dilution that could occur if securities or other agreements to issue common stock, such as stock options, were exercised, settled or converted into common stock and were dilutive. The diluted weighted-average number of shares used in our diluted EPS calculation is determined using the treasury stock method.
	Unvested awards of share-based payments with rights to receive dividends or dividend equivalents, such as our restricted stock awards are considered to be participating securities, and therefore, the two-class method is used for purposes of calculating EPS. Under the two-class method, a portion of net income is allocated to these participating securities and is excluded from the calculation of EPS allocated to common stock. Our restricted stock awards are subject to forfeiture and restrictions on transfer until vested and have identical voting, income and distribution rights to the unrestricted common shares outstanding. Our weighted average restricted stock awards outstanding were 536,790 and 458,319 for the three months ended March 31, 2015 and 2014, respectively. We withheld 27,028 and 15,707 shares of restricted stock upon vesting to satisfy employee payroll tax withholding requirements for the three months ended March 31, 2015 and 2014, respectively. We immediately retired all shares withheld and the transactions were reflected in additional paid in capital in the Condensed Consolidated Statements of Changes in Equity and as a purchase of treasury stock in the Condensed Consolidated Statements of Cash Flows.
	The computation of diluted EPS excludes weighted average restricted share units of 112,594 and 66,973 for the three months ended March 31, 2015 and 2014 as they are anti-dilutive due to a net loss attributable to Kraton for each period.
	The computation of diluted EPS excludes weighted average performance share units of 35,732 for the three months ended March 31, 2015 as they are anti-dilutive due to a net loss attributable to Kraton for this period. The computation of diluted earnings per share also excludes the effect of performance share units for which the performance contingencies had not been met as of the reporting date, amounting to 281,605 and 157,771 as of March 31, 2015 and 2014, respectively.
	The computation of diluted earnings per share excludes the effect of the potential exercise of stock options that are anti-dilutive, amounting to 1,591,970 and 1,711,814 for the three months ended March 31, 2015 and 2014, respectively.
	The calculations of basic and diluted EPS are as follows:


		Three months ended March 31, 2015								Three months ended March 31, 2014
		Net Loss Attributable to Kraton			Weighted Average Shares Outstanding		Loss Per Share			Net Loss Attributable to Kraton			Weighted Average Shares Outstanding		Loss Per Share
		(In thousands, except per share data)								(In thousands, except per share data)
	Basic:
	As reported	$	(9,456	)	31,604					$	(7,909	)	32,620

	Amounts allocated to unvested restricted shares	161			(537	)				111			(458	)

	Amounts available to common stockholders	(9,295		)	31,067		$	(0.30	)	(7,798		)	32,162		$	(0.24	)

	Diluted:
	Amounts allocated to unvested restricted shares	(161		)	537					(111		)	458

	Amounts reallocated to unvested restricted shares	161			(537	)				111			(458	)

	Amounts available to stockholders and assumed conversions	$	(9,295	)	31,067		$	(0.30	)	$	(7,798	)	32,162		$	(0.24	)

	Share Repurchase Program. On October 27, 2014, our board of directors approved a share repurchase program through which we may repurchase outstanding shares of our common stock having an aggregate purchase price of up to $50.0 million. We plan to repurchase shares of our common stock over the next two years in the open market at prevailing market prices, through privately negotiated transactions, or through a trading program under Rule 10b5-1, subject to market and business conditions, applicable legal requirements and other considerations. From the inception of the program through March 31, 2015, we have repurchased a total of 1,660,623 shares of our common stock at an average price of $18.97 per share and a total cost of $31.5 million (excluding trading commissions). We are financing the share repurchase program through a combination of cash and debt. We are not obligated to acquire any specific number of shares of our common stock.

LongTerm_Debt

Long-Term Debt	3 Months Ended
	Mar. 31, 2015
Debt Disclosure [Abstract]
Long-Term Debt	Long-Term Debt
	Long-term debt consists of the following:


		31-Mar-15		31-Dec-14
		(In thousands)
	6.75% unsecured notes	$	350,783	$	350,825

	KFPC loan agreement	20,135		—

	Senior secured credit facilities	20,000		—

	Capital lease obligation	1,734		1,047

	Total debt	392,652		351,872

	Less current portion of total debt	135		87

	Long-term debt	$	392,517	$	351,785


	Senior Secured Credit Facilities. In March 2013, we entered into an asset-based revolving credit facility consisting of a $150.0 million U.S. senior secured revolving credit facility (the “U.S. Facility”) and a $100.0 million Dutch senior secured revolving credit facility (the “Dutch Facility,” and together with the U.S. Facility, the “Senior Secured Credit Facilities”). Borrowing under the Senior Secured Credit Facilities is subject to borrowing base limitations based on the level of receivables and inventory available for security.
	We may request up to an aggregate of $100.0 million of additional revolving facility commitments of which up to an aggregate of $40.0 million may be additional Dutch revolving facility commitments, provided that we satisfy additional conditions described in the Senior Secured Credit Facilities, and provided further that the U.S. revolver commitment is at least 60% of the commitments after giving effect to such increase.
	Kraton Polymers U.S. LLC and Kraton Polymers Nederland B.V. are the borrowers under the Senior Secured Credit Facilities, and Kraton Performance Polymers, Inc., Kraton Polymers LLC, Elastomers Holdings LLC and Kraton Polymers Capital Corporation are the guarantors for both the U.S. Facility and the Dutch Facility. In addition, K.P. Global Holdings C.V. and Kraton Polymers Holdings B.V. are guarantors for the Dutch Facility. The Senior Secured Credit Facilities terminate on March 27, 2018; however, we may from time to time request that the lenders extend the maturity of their commitments. Availability under the Senior Secured Credit Facilities is limited to the lesser of the borrowing base and total commitments (less certain reserves).
	The Senior Secured Credit Facilities are primarily secured by receivables and inventory. The U.S. Facility provides for borrowings in the United States and is secured by assets located in the United States. The Dutch Facility provides for borrowings outside of the United States and is secured by assets located outside of the United States.
	Borrowings under the U.S. Facility (other than swingline loans) bear interest at a rate equal to, at the applicable borrower’s option, either (a) a base rate determined by reference to the greater of (1) the prime rate of Bank of America, N.A., (2) the federal funds rate plus 0.5% and (3) LIBOR plus 1.0%, or (b) a rate based on LIBOR, in each case plus an applicable margin. U.S. swingline loans shall bear interest at a base rate determined by reference to the greater of (1) the prime rate of Bank of America, N.A., (2) the federal funds rate plus 0.5% or (3) LIBOR plus 1.0%, in each case plus an applicable margin.
	Borrowings under the Dutch Facility (other than swingline loans) bear interest at a rate equal to, at the applicable borrower’s option, either (a) a fluctuating rate, with respect to Euros, Pounds Sterling and Dollars outside of the U.S. and Canada, equal to the rate announced by the European Central Bank and used as a base rate by the local branch of Bank of America in the jurisdiction in which such currency is funded, or (b) a rate based on LIBOR, in each case plus an applicable margin. Dutch swingline loans shall bear interest at a fluctuating rate, with respect to Euros, Pounds Sterling and Dollars outside of the U.S. and Canada, equal to the rate announced by the European Central Bank and used as a base rate by the local branch of Bank of America in the jurisdiction in which such currency is funded.
	The applicable margin is subject to a minimum of 0.5% and a maximum of 1.0% with respect to U.S. base rate loans, and a minimum of 1.5% and maximum of 2.0% for foreign base rate borrowings, and a minimum of 1.5% and maximum of 2.0% for both U.S. and foreign LIBOR loans and is subject to adjustment based on the borrowers’ excess availability of the applicable facility for the most recent fiscal quarter. For the three months ended March 31, 2015, our effective interest rate for borrowings on the Senior Secured Credit Facilities was 2.2%.
	In addition to paying interest on outstanding principal amounts under the Senior Secured Credit Facilities, the borrowers will be required to pay a commitment fee in respect of the unutilized commitments at an annual rate of 0.375%.
	The Senior Secured Credit Facilities contain a financial covenant that if either (a) excess availability is less than the greater of (i) 12.5% of the lesser of the commitments and the borrowing base and (ii) $31,250,000 or (b) U.S. availability is less than the greater of (i) 12.5% of the lesser of the U.S. commitments and U.S. borrowing base and (ii) $18,750,000, then following such event, Kraton and its restricted subsidiaries must maintain a fixed charge coverage ratio of at least 1.0 to 1.0 for four fiscal quarters (or for a shorter duration if certain financial conditions are met). The Senior Secured Credit Facilities contain certain customary events of default, including, without limitation, a failure to make payments under the facility, cross-default and cross-judgment default, certain bankruptcy events and certain change of control events.
	As of March 31, 2015, our total borrowing capacity was $175.5 million of which $20.0 million was drawn. As of the date of this filing, our total borrowing capacity was $177.7 million, of which $15.0 million was drawn.
	6.75% Senior Notes due 2019. Kraton Polymers LLC and its wholly-owned financing subsidiary Kraton Polymers Capital Corporation issued $350.0 million aggregate principal amount of 6.75% senior notes that mature on March 1, 2019 pursuant to an indenture dated February 11, 2011 ($250.0 million senior notes) and supplemental indenture thereto dated March 20, 2012 ($100.0 million senior notes). The indenture provides that the notes are general unsecured, senior obligations and will be unconditionally guaranteed on a senior unsecured basis. We pay interest on the notes at 6.75% per annum, semi-annually in arrears on March 1 and September 1 of each year.
	Capital Lease. In January 2014, we entered into a 10 year capital lease with a principal amount of $7.0 million to fund a portion of our capital expenditures. In March 2015, this capital lease increased by $0.7 million based on final project construction costs.
	KFPC Loan Agreement. On July 17, 2014, KFPC executed a syndicated loan agreement (the “KFPC” Loan Agreement”) in the amount of 5.5 billion New Taiwan Dollars (“NTD”), or $176.3 million (converted at the March 31, 2015 exchange rate), to provide additional funding to construct the HSBC facility in Taiwan and to provide funding for working capital requirements and/or general corporate purposes.
	The KFPC Loan Agreement is comprised of a NTD 4.29 billion Tranche A, or $137.5 million (converted at the March 31, 2015 exchange rate), to fund KFPC’s capital expenditures, and a NTD 1.21 billion Tranche B, or $38.8 million (converted at the March 31, 2015 exchange rate), to fund working capital requirements and/or general corporate purposes. As of March 31, 2015, NTD 0.6 billion, or $20.1 million (converted at the March 31, 2015 exchange rate) was drawn on the KFPC Loan Agreement. The facility period of the KFPC Loan Agreement is five years from January 17, 2015 (the first drawdown date). KFPC may continue to draw on the KFPC Loan Agreement for the first 28 months following the first drawdown date. Subject to certain conditions, KFPC can request a two-year extension of the facility period of the KFPC Loan Agreement.
	The total outstanding principal amount is payable in six semi-annual installments with the first payment due upon the expiry of a thirty-month period commencing on the date of the first drawing of loans and each subsequent payment due every six months thereafter. The first five installments shall be in an amount equal to 10% of the outstanding principal amount and the final installment shall be in an amount equal to the remaining 50% of the outstanding principal amount. In the event the extension period is granted, the final 50% of the outstanding principal amount shall be repaid in five equal semi-annual installments with the first installment due on the original final maturity date.
	The KFPC Loan Agreement is subject to a variable interest rate composed of a fixed 0.8% margin plus the three-month or six-month fixing rate of the Taipei Interbank Offered Rate (depending on the interest period as selected by KFPC in the drawdown request or the interest period notice), subject to a floor of 1.7%. Interest is payable on a monthly basis. For the three months ended March 31, 2015, our effective interest rate for borrowings on the KFPC Loan Agreement was 1.8%.
	The KFPC Loan Agreement contains certain financial covenants which change during the term of the KFPC Loan Agreement. The financial covenants include a maximum debt to equity ratio of 3.0 to 1.0 commencing in 2014, which will decrease over time to 1.2 to 1.0 in 2018; a minimum tangible net worth requirement of $50.0 million commencing in 2014, which will increase to $100.0 million in 2019; and a minimum interest coverage ratio of 2.5 to 1.0 commencing in 2016, which will increase to 5.0 to 1.0 in 2017. In each case, these covenants are calculated and tested on an annual basis. Formosa Petrochemical Corporation and Kraton Polymers LLC are the guarantors of the KFPC Loan Agreement with each guarantor guaranteeing 50% of the indebtedness.
	Debt Maturities. The remaining principal payments on our outstanding total debt as of March 31, 2015, are as follows:


		Principal Payments
		(In thousands)
	March 31:
	2016	$	135

	2017	143

	2018	24,179

	2019	354,189

	2020	12,252

	Thereafter	971

	Total debt	$	391,869


	See Note 8 Fair Value Measurements, Financial Instruments and Credit Risk for fair value information related to our long-term debt.

Debt_Issuance_Costs

Debt Issuance Costs	3 Months Ended
Debt Issuance Costs	Mar. 31, 2015
Debt Disclosure [Abstract]
Debt Issuance Costs	Debt Issuance Costs
Debt Issuance Costs	We capitalize the debt issuance costs related to issuing long-term debt and amortize these costs using the effective interest method, except for costs related to revolving debt, which are amortized using the straight-line method. Amortization of debt issuance costs and the accelerated write-off of debt issuance costs in connection with refinancing activities are recorded as a component of interest expense. We had net debt issuance costs of $8.8 million and $9.5 million (of which $2.3 million and $2.3 million were included in other current assets) as of March 31, 2015 and December 31, 2014, respectively. During the year ended December 31, 2014, our consolidated joint venture, KFPC, capitalized $0.5 million of debt issuance costs related to the KFPC Loan Agreement executed in July 2014. We amortized $0.6 million and $0.6 million of debt issuance costs for the three months ended March 31, 2015 and 2014, respectively.

Fair_Value_Measurements_Financ

Fair Value Measurements, Financial Instruments and Credit Risk	3 Months Ended
	Mar. 31, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Fair Value Measurements, Financial Instruments and Credit Risk	Fair Value Measurements, Financial Instruments and Credit Risk
	ASC 820, “Fair Value Measurements and Disclosures” defines fair value, establishes a consistent framework for measuring fair value and expands disclosure requirements about fair value measurements. ASC 820 requires entities to, among other things, maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value.
	ASC 820 defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date.
	ASC 820 specifies a hierarchy of valuation techniques based on whether the inputs to those valuation techniques are observable or unobservable. Observable inputs reflect market data obtained from independent sources, while unobservable inputs reflect our market assumptions.
	In accordance with ASC 820, these two types of inputs have created the following fair value hierarchy:

	•	Level 1—Inputs that are quoted prices (unadjusted) for identical assets or liabilities in active markets;

	•	Level 2—Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the asset or liability, including:

	•	Quoted prices for similar assets or liabilities in active markets

	•	Quoted prices for identical or similar assets or liabilities in markets that are not active

	•	Inputs other than quoted prices that are observable for the asset or liability

	•	Inputs that are derived principally from or corroborated by observable market data by correlation or other means; and

	•	Level 3—Inputs that are unobservable and reflect our assumptions used in pricing the asset or liability based on the best information available under the circumstances (e.g., internally derived assumptions surrounding the timing and amount of expected cash flows).
	Recurring Fair Value Measurements. The following tables set forth by level within the fair value hierarchy our financial assets and liabilities that were accounted for at fair value on a recurring basis as of March 31, 2015 and December 31, 2014. These financial assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement. Our assessment of the significance of a particular input to the fair value measurement requires judgment, which judgment may affect the valuation of their fair value and their placement within the fair value hierarchy levels.



								Fair Value Measurements at Reporting Date Using
		Balance Sheet Location		March 31, 2015				Quoted Prices in Active Markets for Identical Assets				Significant Other Observable Inputs				Significant Unobservable Inputs
								(Level 1)				(Level 2)				(Level 3)
				(In thousands)
	Retirement plan asset – current	Other current assets		$	272			$	272			$	—			$	—

	Retirement plan asset – noncurrent	Other long-term assets		$	2,127			$	2,127			$	—			$	—

	Total			$	2,399			$	2,399			$	—			$	—




								Fair Value Measurements at Reporting Date Using
		Balance Sheet Location		December 31, 2014				Quoted Prices in Active Markets for Identical Assets				Significant Other Observable Inputs				Significant Unobservable Inputs
								(Level 1)				(Level 2)				(Level 3)
				(In thousands)
	Retirement plan asset – current	Other current assets		$	272			$	272			$	—			$	—

	Retirement plan asset – noncurrent	Other long-term assets		$	2,055			$	2,055			$	—			$	—

	Total			$	2,327			$	2,327			$	—			$	—


	The use of derivatives creates exposure to credit risk relating to potential losses that could be recognized in the event that the counterparties to these instruments fail to perform their obligations under the contracts, which we seek to minimize by limiting our counterparties to major financial institutions with acceptable credit ratings and by monitoring the total value of positions with individual counterparties. In the event of a default by one of our counterparties, we may not receive payments provided for under the terms of our derivatives.
	The following table presents the carrying values and approximate fair values of our long-term debt.



		March 31, 2015								December 31, 2014
		Carrying Value				Fair Value				Carrying Value				Fair Value
		(In thousands)								(In thousands)
	6.75% unsecured notes (quoted prices in active market for identical assets – level 1)	$	350,783			$	358,750			$	350,825			$	358,750

	Capital lease obligation (significant other observable inputs – level 2)	$	1,734			$	1,734			$	1,047			$	1,047

	Financial Instruments
	Foreign Currency Hedges. Periodically, we enter into foreign currency agreements to hedge or otherwise protect against fluctuations in foreign currency exchange rates. These agreements do not qualify for hedge accounting and gains/losses resulting from both the up-front premiums and/or settlement of the hedges at expiration of the agreements are recognized in the period in which they are incurred. For the three months ended March 31, 2015 and 2014, we settled these hedges and recorded a loss of $3.9 million and a loss of $0.2 million, respectively, which are recorded in cost of goods sold. These contracts are structured such that these gains/losses from the mark-to-market impact of the hedging instruments materially offset the underlying foreign currency exchange gains/losses to reduce the overall impact of foreign currency exchange movements throughout the period.
	Credit Risk
	We analyze our counterparties’ financial condition prior to extending credit and we establish credit limits and monitor the appropriateness of those limits on an ongoing basis. We also obtain cash, letters of credit or other acceptable forms of security from customers to provide credit support, where appropriate, based on our financial analysis of the customer and the contractual terms and conditions applicable to each transaction.

Income_Taxes

Income Taxes	3 Months Ended
Income Taxes	Mar. 31, 2015
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes

	Our income tax expense was $0.1 million and $0.1 million for the three months ended March 31, 2015 and 2014, respectively. Our effective tax rate was a 0.7% expense and a 1.5% expense for the three months ended March 31, 2015 and 2014, respectively. Our effective tax rates differed from the U.S. corporate statutory tax rate of 35.0%, primarily due to the mix of pre-tax income or loss earned in certain jurisdictions and the change in our valuation allowance.
	We record a valuation allowance when it is more likely than not that some portion, or all, of the deferred tax assets will not be realized. As of March 31, 2015 and December 31, 2014, a valuation allowance of $91.4 million and $90.4 million, respectively, has been provided for net operating loss carryforwards and other deferred tax assets. We increased our valuation allowance by $1.0 million for the three months ended March 31, 2015, which includes $2.6 million related to current period net operating losses, partially offset by a $1.6 million decrease related to changes in other comprehensive income (loss). We increased our valuation allowance by $0.5 million for the three months ended March 31, 2014, primarily due to current period net operating losses. Excluding the change in our valuation allowance, our effective tax rate would have been a 26.2% benefit and a 4.2% benefit for the three months ended March 31, 2015 and 2014, respectively.
	As of March 31, 2015 and December 31, 2014, we had total unrecognized tax benefits of $4.4 million and $4.7 million, respectively, related to uncertain foreign tax positions, all of which, if recognized, would impact our effective tax rate. During the three months ended March 31, 2015 and 2014, we had a decrease in uncertain tax positions of $0.3 million and an increase of $0.3 million, respectively, primarily related to uncertain tax positions in Europe. We recorded interest and penalties related to unrecognized tax benefits within the provision for income taxes. We believe that no current tax positions that have resulted in unrecognized tax benefits will significantly increase or decrease within one year.
	We file income tax returns in the U.S. federal jurisdiction and in various state and foreign jurisdictions. For our U.S. federal income tax returns, the statute of limitations has expired through the tax year ended December 31, 2003. As a result of net operating loss carryforwards from 2004, the statute of limitations remains open for all years subsequent to 2003. In addition, open tax years for state and foreign jurisdictions remain subject to examination.

Commitments_and_Contingencies

Commitments and Contingencies	3 Months Ended
	Mar. 31, 2015
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies
	(a) Legal Proceedings
	We received notice from the tax authorities in Brazil assessing R$6.1 million, or $1.9 million (converted at the March 31, 2015 exchange rate), in connection with tax credits that were generated from the purchase of certain goods which were subsequently applied by us against taxes owed. We have appealed the assertion by the tax authorities in Brazil that the goods purchased were not eligible to earn the credits. While the outcome of this proceeding cannot be predicted with certainty, we do not expect this matter to have a material adverse effect upon our financial position, results of operations or cash flows.
	On January 28, 2014, we executed a definitive agreement (the “Combination Agreement”) to combine with the styrenic block copolymer (“SBC”) operations of Taiwan-based LCY Chemical Corp. (“LCY”). The Combination Agreement called for LCY to contribute its SBC business in exchange for newly issued shares in the combined company, such that our existing stockholders and LCY would each own 50% of the outstanding shares of the combined enterprise.
	On June 30, 2014, we notified LCY that our Board of Directors intended to withdraw its recommendation to our stockholders to approve the Combination Agreement unless the parties could agree upon mutually acceptable revised terms to the Combination Agreement. This notice cited the decline in operating results for LCY’s SBC business in the first quarter of 2014 and a related decline in forecasted results thereafter, together with the decline in our stock price and negative reactions from our stockholders. Following our notification of our Board’s intention to change its recommendation, the parties engaged in discussions to determine whether they could mutually agree to changes to the terms of the Combination Agreement that would enable our Board to continue to recommend that our stockholders approve the Combination Agreement. The parties engaged in numerous discussions subsequent to June 30, 2014 regarding possible revisions to the terms of the Combination Agreement.
	On July 31, 2014, an explosion occurred in a pipeline owned by LCY in Kaohsiung, Taiwan, causing substantial property damage and loss of life, and numerous governmental and private investigations and claims have been initiated and asserted against LCY. On August 4, 2014, LCY notified us that it would no longer negotiate, and would not agree to, any revisions to the terms of the Combination Agreement. On August 6, 2014, our Board withdrew its recommendation that our stockholders approve the Combination Agreement. On August 8, 2014, we received notice from LCY that LCY had exercised its right to terminate the Combination Agreement.
	The provisions of the Combination Agreement provide for us to pay LCY a $25 million break-up fee upon a termination of the Combination Agreement following a withdrawal of our Board’s recommendation, unless an LCY material adverse effect has occurred and is continuing at the time of the withdrawal of our Board’s recommendation. In LCY’s notice terminating the Combination Agreement, LCY requested payment of such $25 million termination fee. On October 6, 2014, LCY filed a lawsuit against us in connection with our refusal to pay the $25 million termination fee. We believe that the impact upon LCY of the July 31, 2014 explosion in a gas pipeline in Kaohsiung, Taiwan, constitutes an LCY material adverse effect as defined in the Combination Agreement, and we have notified LCY that accordingly we are not obligated to pay the termination fee. While the ultimate resolution of this matter cannot be predicted with certainty, we do not expect any material adverse effect upon our financial position, results of operations or cash flows from the ultimate outcome of this matter.
	We and certain of our subsidiaries, from time to time, are parties to various other legal proceedings, claims and disputes that have arisen in the ordinary course of business. These claims may involve significant amounts, some of which would not be covered by insurance. A substantial settlement payment or judgment in excess of our accruals could have a material adverse effect on our financial position, results of operations or cash flows. While the outcome of these proceedings cannot be predicted with certainty, we do not expect any of these existing matters, individually or in the aggregate, to have a material adverse effect upon our financial position, results of operations or cash flows.
	(b) Asset Retirement Obligations.
	The changes in the aggregate carrying amount of our ARO liability are as follows:


		Three months ended
		March 31,
		2015			2014
		(In thousands)
	Beginning balance	$	10,394		$	10,497

	Accretion expense	104			136

	Obligations settled	—			(45		)

	Foreign currency translation, net	(439		)	3

	Ending Balance	$	10,059		$	10,591


	For a portion of our ARO liability related to the decommissioning of the coal boilers at our Belpre, Ohio, facility, we have recorded a $3.5 million receivable from Shell Chemicals as of March 31, 2015 pursuant to the indemnity included in the February 2001 separation agreement, which serves to offset the related ARO asset which is included in property, plant and equipment.

	(c) Production downtime
	In the first quarter of 2014, we experienced weather-related downtime at our Belpre, Ohio, facility. In addition, our facility in Berre, France, experienced an operating disruption resulting from a small fire that impacted one of the production lines at this facility. We incurred $13.0 million of costs in the three months ended March 31, 2014 associated with these two events, of which $3.7 million was included in other payables and accruals at March 31, 2014 based on management’s estimates of the remaining costs to be incurred.
	There have been no other material changes to our Commitments and Contingencies disclosed in our most recently filed Annual Report on Form 10-K.

Employee_Benefits

Employee Benefits	3 Months Ended
	Mar. 31, 2015
Compensation and Retirement Disclosure [Abstract]
Employee Benefits	Employee Benefits
	Retirement Plans.
	The components of net periodic benefit cost related to U.S. pension benefits are as follows:



		Three months ended
		March 31,
		2015			2014
		(In thousands)
	Service cost	$	930		$	753

	Interest cost	1,613			1,510

	Expected return on plan assets	(2,130		)	(1,915		)
	Amortization of prior service cost	1,110			430

	Net periodic benefit cost	$	1,523		$	778


	We made no contributions to our pension plan in the three months ended March 31, 2015. For the three months ended March 31, 2014, we contributed $1.4 million to our pension plan.
	The components of net periodic benefit cost related to other post-retirement benefits are as follows:



		Three months ended
		March 31,
		2015			2014
		(In thousands)
	Service cost	$	163		$	125

	Interest cost	320			320

	Amortization of prior service cost	200			113

	Net periodic benefit cost	$	683		$	558

Industry_Segment_and_Foreign_O

Industry Segment and Foreign Operations	3 Months Ended
	Mar. 31, 2015
Segment Reporting [Abstract]
Industry Segment and Foreign Operations	Industry Segment and Foreign Operations
	We operate in one segment for the manufacturing and marketing of engineered polymers. In accordance with the provisions of ASC 280, “Segment Reporting,” our chief operating decision-maker has been identified as the President and Chief Executive Officer, who reviews operating results to make decisions about allocating resources and assessing performance for the entire company. Since we operate in one segment and in one group of similar products, all financial segment and product line information required by ASC 280 can be found in the condensed consolidated financial statements.
	Our products are manufactured and our commercial activities are organized in the following product groups based upon polymer chemistry and process technologies:


		Revenue for the
		three months ended March 31,
		2015			2014
		(In thousands)
	Performance Products	$	134,768		$	167,852

	Specialty Polymers	91,674			108,346

	Cariflex	34,837			35,363

	Other	150			95

		$	261,429		$	311,656


	For geographic reporting, revenue is attributed to the geographic location in which the customers’ facilities are located. Long-lived assets consist primarily of property, plant and equipment, which are attributed to the geographic location in which they are located and are presented at historical cost.
	Following is a summary of revenue by geographic region:


		Three months ended
		March 31,
		2015			2014
		(In thousands)
	Revenue:
	United States	$	83,702		$	101,662

	Germany	30,676			40,641

	China	18,372			18,992

	Japan	16,435			17,681

	Thailand	12,668			16,248

	Brazil	9,591			14,143

	France	8,909			12,479

	Malaysia	7,881			6,482

	Italy	7,304			10,221

	Netherlands	7,121			7,027

	Belgium	6,885			8,186

	United Kingdom	6,794			8,152

	South Korea	4,468			2,941

	Canada	4,297			4,033

	Taiwan	4,097			4,567

	Mexico	3,662			3,747

	Sweden	3,099			4,425

	Turkey	2,936			3,307

Argentina	2,211			4,190

Austria	2,137			2,815

All other countries	18,184			19,717

	$	261,429		$	311,656

Following is a summary of long-lived assets by geographic region:


	March 31, 2015			December 31, 2014
	(In thousands)
Long-lived assets, at cost:
United States	$	502,944		$	495,313

France	108,948			115,987

Taiwan	73,004			56,994

Brazil	62,330			71,970

Germany	53,610			60,022

Netherlands	28,162			29,838

China	7,286			7,273

Japan	1,672			1,637

All other countries	170			194

	$	838,126		$	839,228

Related_Party_Transactions

Related Party Transactions	3 Months Ended
Related Party Transactions	Mar. 31, 2015
Related Party Transactions [Abstract]
Related Party Transactions	Related Party Transactions
Related Party Transactions	We own a 50% equity investment in a SBC manufacturing joint venture in Kashima, Japan. Our due to related party liability on the condensed consolidated balance sheet is related to this joint venture and the purchases from the joint venture amounted to $6.5 million and $13.8 million for the three months ended March 31, 2015 and 2014, respectively.

Variable_Interest_Entity

Variable Interest Entity	3 Months Ended
	Mar. 31, 2015
Noncontrolling Interest [Abstract]
Variable Interest Entity	Variable Interest Entity
	The following table summarizes the carrying amounts of assets and liabilities as of March 31, 2015 and December 31, 2014 for KFPC before intercompany eliminations. See Note 6 Long Term Debt, for further discussion related to the KFPC Loan Agreement executed on July 17, 2014.


		31-Mar-15		31-Dec-14
		(In thousands)
	Cash and cash equivalents	$	11,035	$	7,993

	Other current assets	3,315		2,533

	Property, plant and equipment	72,891		56,904

	Intangible assets	9,676		9,579

	Other long-term assets	1,243		1,098

	Total assets	$	98,160	$	78,107

	Current liabilities	2,503		2,771

	Long-term debt	20,135		—

	Total liabilities	$	22,638	$	2,771

Subsequent_Events

Subsequent Events	3 Months Ended
Subsequent Events	Mar. 31, 2015
Subsequent Events [Abstract]
Subsequent Events	Subsequent Events
Subsequent Events	We have evaluated significant events and transactions that occurred after the balance sheet date and determined that there were no events or transactions that would require recognition or disclosure in our condensed consolidated financial statements for the period ended March 31, 2015.

Supplemental_Guarantor_Informa

Supplemental Guarantor Information	3 Months Ended
	Mar. 31, 2015
Condensed Financial Information of Parent Company Only Disclosure [Abstract]
Supplemental Guarantor Information	Supplemental Guarantor Information
	Kraton Polymers LLC and Kraton Polymers Capital Corporation, a financing subsidiary, collectively, (“the Issuers”), are co-issuers of the 6.75% senior notes due March 1, 2019. Kraton Performance Polymers, Inc. and Elastomers Holdings LLC, a U.S. holding company and wholly-owned subsidiary of Kraton Polymers LLC, collectively, (“the Guarantors”), fully and unconditionally guarantee on a joint and several basis, the Issuers’ obligations under the 6.75% senior notes. Our remaining subsidiaries are not guarantors of the 6.75% senior notes. We do not believe that separate financial statements and other disclosures concerning the guarantor subsidiaries would provide any additional information that would be material to investors in making an investment decision.
	KRATON PERFORMANCE POLYMERS, INC.
	CONDENSED CONSOLIDATING BALANCE SHEET
	March 31, 2015
	(Unaudited)
	(In thousands, except par value)


		Kraton			Kraton Polymers LLC (1)			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations				Consolidated
	ASSETS
	Current assets:
	Cash and cash equivalents	$	—		$	271		$	2,216		$	37,304		$	—			$	39,791

	Receivables, net of allowances	—			139			48,478			72,387			—				121,004

	Inventories of products	—			200			176,403			102,835			—				279,438

	Inventories of materials and supplies	—			—			9,202			1,580			—				10,782

	Deferred income taxes	—			3,566			—			3,921			—				7,487

	Other current assets	—			4,634			916			16,856			—				22,406

	Total current assets	—			8,810			237,215			234,883			—				480,908

	Property, plant and equipment, less accumulated depreciation	—			43,460			250,747			161,437			—				455,644

	Intangible assets, less accumulated amortization	—			44,228			2,885			1,405			—				48,518

	Investment in consolidated subsidiaries	509,606			1,384,102			—			—			(1,893,708		)		—

	Investment in unconsolidated joint venture	—			813			—			10,422			—				11,235

	Debt issuance costs	—			4,330			1,153			990			—				6,473

	Deferred income taxes	—			411			—			1,731			—				2,142

	Other long-term assets	—			12,068			625,386			92,051			(702,973		)		26,532

	Total assets	$	509,606		$	1,498,222		$	1,117,386		$	502,919		$	(2,596,681	)		$	1,031,452

	LIABILITIES AND STOCKHOLDERS' AND
	MEMBER'S EQUITY
	Current liabilities:

	Current portion of long-term debt	$	—		$	—		$	135		$	—		$	—			$	135

	Accounts payable-trade	—			496			23,712			27,002			—				51,210

	Other payables and accruals	—			13,403			14,278			13,488			—				41,169

	Deferred income taxes	—			—			—			1,431			—				1,431

	Due to related party	—			—			—			15,573			—				15,573

	Total current liabilities	—			13,899			38,125			57,494			—				109,518

	Long-term debt, net of current portion	—			350,783			21,599			20,135			—				392,517

	Deferred income taxes	—			11,670			—			183			—				11,853

	Other long-term liabilities	—			613,364			95,316			96,792			(702,973		)		102,499

Total liabilities	—			989,716			155,040			174,604			(702,973		)		616,387

Commitments and contingencies (note 10)

Stockholders' and member's equity:

Preferred stock, $0.01 par value; 100,000 shares authorized; none issued	—			—			—			—			—				—

Common stock, $0.01 par value; 500,000 shares authorized	314			—			—			—			—				314

Additional paid in capital	354,644			—			—			—			—				354,644

Member's equity	—			509,606			1,031,553			352,549			(1,893,708		)		—

Retained earnings	154,648			—			—			—			—				154,648

Accumulated other comprehensive loss	—			(1,100		)	(69,207		)	(61,995		)	—				(132,302		)

Kraton stockholders' and member's equity	509,606			508,506			962,346			290,554			(1,893,708		)		377,304

Noncontrolling interest	—			—			—			37,761			—				37,761

Total stockholders' and member's equity	509,606			508,506			962,346			328,315			(1,893,708		)		415,065

Total liabilities and stockholders' and member's equity	$	509,606		$	1,498,222		$	1,117,386		$	502,919		$	(2,596,681	)		$	1,031,452

________________________________________________________

-1	Kraton Polymers LLC and Kraton Polymers Capital Corporation, a financing subsidiary, collectively, the Issuers, are co-issuers of the 6.75% senior notes due March 1, 2019. Kraton Polymers Capital Corporation has minimal assets and income. We do not believe that separate financial information concerning the Issuers would provide additional information that would be material to investors in making an investment decision.
KRATON PERFORMANCE POLYMERS, INC.
CONDENSED CONSOLIDATING BALANCE SHEET
December 31, 2014
(In thousands, except par value)


	Kraton			Kraton Polymers LLC (1)			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations				Consolidated
ASSETS
Current assets:
Cash and cash equivalents	$	—		$	646		$	5,881		$	47,291		$	—			$	53,818

Receivables, net of allowances	—			553			37,266			69,613			—				107,432

Inventories of products	—			35			201,146			125,811			—				326,992

Inventories of materials and supplies	—			—			9,092			1,876			—				10,968

Deferred income taxes	—			—			3,566			3,681			—				7,247

Other current assets	—			5,317			931			18,273			—				24,521

Total current assets	—			6,551			257,882			266,545			—				530,978

Property, plant and equipment, less accumulated depreciation	—			46,081			248,220			157,464			—				451,765

Intangible assets, less accumulated amortization	—			45,356			4,000			254			—				49,610

Investment in consolidated subsidiaries	529,701			1,382,584			—			—			(1,912,285		)		—

Investment in unconsolidated joint venture	—			813			—			11,835			—				12,648

Debt issuance costs	—			4,674			1,297			1,182			—				7,153

Deferred income taxes	—			428			—			1,748			—				2,176

Other long-term assets	—			6,384			591,841			85,520			(655,623		)		28,122

Total assets	$	529,701		$	1,492,871		$	1,103,240		$	524,548		$	(2,567,908	)		$	1,082,452

LIABILITIES AND STOCKHOLDERS’ AND MEMBER’S EQUITY
Current liabilities:
Current portion of long-term debt	—			—			87			—			—				87

Accounts payable-trade	—			637			30,332			41,817			—				72,786

Other payables and accruals	—			21,913			14,017			14,958			—				50,888

Deferred income taxes	—			—			—			1,633			—				1,633

Due to related party	—			—			—			18,121			—				18,121

Total current liabilities	—			22,550			44,436			76,529			—				143,515

Long-term debt, net of current portion	—			350,825			960			—			—				351,785

Deferred income taxes	—			8,443			3,566			3,253			—				15,262

Other long-term liabilities	—			582,462			93,191			83,709			(655,623		)		103,739

Total liabilities	—			964,280			142,153			163,491			(655,623		)		614,301

Commitments and contingencies (note 10)

Stockholders’ and member’s equity:
Preferred stock, $.01 par value; 100,000 shares authorized; none issued	—			—			—			—			—				—

Common stock, $.01 par value; 500,000 shares authorized	318			—			—			—			—				318

Additional paid in capital	361,342			—			—			—			—				361,342

Member’s equity	—			529,701			1,030,294			352,290			(1,912,285		)		—

Retained earnings	168,041			—			—			—			—				168,041

Accumulated other comprehensive loss	—			(1,110		)	(69,207		)	(28,901		)	—				(99,218		)

Kraton stockholders’ and member’s equity	529,701			528,591			961,087			323,389			(1,912,285		)		430,483

Noncontrolling interest	—			—			—			37,668			—				37,668

Total stockholders’ and member’s equity	529,701			528,591			961,087			361,057			(1,912,285		)		468,151

Total liabilities and stockholders’ and member’s equity	$	529,701		$	1,492,871		$	1,103,240		$	524,548		$	(2,567,908	)		$	1,082,452

_____________________________________________

-1	Kraton Polymers LLC and Kraton Polymers Capital Corporation, a financing subsidiary, collectively, the Issuers, are co-issuers of the 6.75% senior notes due March 1, 2019. Kraton Polymers Capital Corporation has minimal assets and income. We do not believe that separate financial information concerning the Issuers would provide additional information that would be material to investors in making an investment decision.
KRATON PERFORMANCE POLYMERS, INC.
CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS
Three Months Ended March 31, 2015
(Unaudited)
(In thousands)



	Kraton			Kraton Polymers LLC (1)			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations				Consolidated
Revenue	$	—		$	—		$	144,486		$	159,205		$	(42,262	)		$	261,429

Cost of goods sold	—			5,565			116,920			134,645			(42,262		)		214,868

Gross profit	—			(5,565		)	27,566			24,560			—				46,561

Operating expenses:

Research and development	—			(651		)	902			7,696			—				7,947

Selling, general and administrative	—			(6,085		)	14,218			18,816			—				26,949

Depreciation and amortization	—			5,638			6,901			2,757			—				15,296

Total operating expenses	—			(1,098		)	22,021			29,269			—				50,192

Earnings (loss) in consolidated subsidiaries	(9,741		)	1,233			—			—			8,508				—

Earnings of unconsolidated joint venture	—			—			—			76			—				76

Interest expense (income), net	—			6,261			(131		)	(10		)	—				6,120

Income (loss) before income taxes	(9,741		)	(9,495		)	5,676			(4,623		)	8,508				(9,675		)

Income tax expense (benefit)	—			246			(537		)	357			—				66

Consolidated net income (loss)	(9,741		)	(9,741		)	6,213			(4,980		)	8,508				(9,741		)

Net loss attributable to noncontrolling interest	—			—			—			(285		)	—				(285		)

Net income (loss) attributable to Kraton	$	(9,741	)	$	(9,741	)	$	6,213		$	(4,695	)	$	8,508			$	(9,456	)

_________________________________________

-1	Kraton Polymers LLC and Kraton Polymers Capital Corporation, a financing subsidiary, collectively, the Issuers, are co-issuers of the 6.75% senior notes due March 1, 2019. Kraton Polymers Capital Corporation has minimal assets and income. We do not believe that separate financial information concerning the Issuers would provide additional information that would be material to investors in making an investment decision.
KRATON PERFORMANCE POLYMERS, INC.
CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS
Three Months Ended March 31, 2014
(Unaudited)
(In thousands)



	Kraton			Kraton Polymers LLC (1)			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations				Consolidated
Revenue	$	—		$	—		$	156,838		$	191,192		$	(36,374	)		$	311,656

Cost of goods sold	—			(15,114		)	127,201			178,870			(36,374		)		254,583

Gross profit	—			15,114			29,637			12,322			—				57,073

Operating expenses:

Research and development	—			4,499			454			3,344			—				8,297

Selling, general and administrative	—			26,696			88			7,434			—				34,218

Depreciation and amortization	—			5,537			7,171			3,701			—				16,409

Total operating expenses	—			36,732			7,713			14,479			—				58,924

Earnings (loss) in consolidated subsidiaries	(8,194		)	19,185			—			—			(10,991		)		—

Earnings of unconsolidated joint venture	—			—			—			117			—				117

Interest expense (income), net	—			6,255			125			(42		)	—				6,338

Income (loss) before income taxes	(8,194		)	(8,688		)	21,799			(1,998		)	(10,991		)		(8,072		)

Income tax expense (benefit)	—			(494		)	3			613			—				122

Consolidated net income (loss)	(8,194		)	(8,194		)	21,796			(2,611		)	(10,991		)		(8,194		)

Net loss attributable to noncontrolling interest	—			—			—			(285		)	—				(285		)

Net income (loss) attributable to Kraton	$	(8,194	)	$	(8,194	)	$	21,796		$	(2,326	)	$	(10,991	)		$	(7,909	)

_________________________________________

-1	Kraton Polymers LLC and Kraton Polymers Capital Corporation, a financing subsidiary, collectively, the Issuers, are co-issuers of the 6.75% senior notes due March 1, 2019. Kraton Polymers Capital Corporation has minimal assets and income. We do not believe that separate financial information concerning the Issuers would provide additional information that would be material to investors in making an investment decision.
KRATON PERFORMANCE POLYMERS, INC.
CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME (LOSS)
Three Months Ended March 31, 2015
(Unaudited)
(In thousands)



	Kraton			Kraton Polymers LLC (1)			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations				Consolidated
Net income (loss) attributable to Kraton	$	(9,741	)	$	(9,741	)	$	6,213		$	(4,695	)	$	8,508			$	(9,456	)

Other comprehensive income (loss):

Foreign currency translation adjustments, net of tax of $0	—			10			—			(33,094		)	—				(33,084		)

Other comprehensive income (loss), net of tax	—			10			—			(33,094		)	—				(33,084		)

Comprehensive income (loss) attributable to Kraton	(9,741		)	(9,731		)	6,213			(37,789		)	8,508				(42,540		)

Comprehensive income attributable to noncontrolling interest	—			—			—			93			—				93

Consolidated comprehensive income (loss)	$	(9,741	)	$	(9,731	)	$	6,213		$	(37,696	)	$	8,508			$	(42,447	)

_________________________________________

-1	Kraton Polymers LLC and Kraton Polymers Capital Corporation, a financing subsidiary, collectively, the Issuers, are co-issuers of the 6.75% senior notes due March 1, 2019. Kraton Polymers Capital Corporation has minimal assets and income. We do not believe that separate financial information concerning the Issuers would provide additional information that would be material to investors in making an investment decision.
KRATON PERFORMANCE POLYMERS, INC.
CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME (LOSS)
Three Months Ended March 31, 2014
(Unaudited)
(In thousands)



	Kraton			Kraton Polymers LLC (1)			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations				Consolidated
Net income (loss) attributable to Kraton	$	(8,194	)	$	(8,194	)	$	21,796		$	(2,326	)	$	(10,991	)		$	(7,909	)

Other comprehensive income (loss):

Foreign currency translation adjustments, net of tax of $0	—			(274		)	—			2,073			—				1,799

Other comprehensive income (loss), net of tax	—			(274		)	—			2,073			—				1,799

Comprehensive income (loss) attributable to Kraton	(8,194		)	(8,468		)	21,796			(253		)	(10,991		)		(6,110		)

Comprehensive income attributable to noncontrolling interest	—			—			—			(866		)	—				(866		)

Consolidated comprehensive income (loss)	$	(8,194	)	$	(8,468	)	$	21,796		$	(1,119	)	$	(10,991	)		$	(6,976	)

__________________________________________

-1	Kraton Polymers LLC and Kraton Polymers Capital Corporation, a financing subsidiary, collectively, the Issuers, are co-issuers of the 6.75% senior notes due March 1, 2019. Kraton Polymers Capital Corporation has minimal assets and income. We do not believe that separate financial information concerning the Issuers would provide additional information that would be material to investors in making an investment decision.
KRATON PERFORMANCE POLYMERS, INC.
CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS
Three Months Ended March 31, 2015
(Unaudited)
(In thousands)



	Kraton			Kraton Polymers LLC (1)			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations				Consolidated
Cash flows provided by (used in) operating activities	$	—		$	33,990		$	(33,210	)	$	(7,277	)	$	—			$	(6,497	)

Cash flows used in investing activities:

Proceeds from intercompany loans	—			(20,275		)	—			—			20,275				—

Kraton purchase of property, plant and equipment	—			(342		)	(10,657		)	(3,726		)	—				(14,725		)

KFPC purchase of property, plant and equipment	—			—			—			(15,968		)	—				(15,968		)

Purchase of software and other intangibles	—			(500		)	(41		)	—			—				(541		)

Net cash used in investing activities	—			(21,117		)	(10,698		)	(19,694		)	20,275				(31,234		)

Cash flows provided by (used in) financing activities:

Proceeds from debt	—			—			25,000			—			—				25,000

Repayments of debt	—			—			(5,000		)	—			—				(5,000		)

KFPC proceeds from debt	—			—			—			19,977			—				19,977

Capital lease payments	—			—			(32		)	—			—				(32		)

Purchase of treasury stock	(13,429		)	—			—			—			—				(13,429		)

Cash contributions from member	—			(13,429		)	—			—			13,429				—

Cash distributions to member	13,248			181			—			—			(13,429		)		—

Proceeds from the exercise of stock options	181			—			—			—			—				181

Payments on intercompany loans	—			—			20,275			—			(20,275		)		—

Net cash provided by (used in) financing activities	—			(13,248		)	40,243			19,977			(20,275		)		26,697

Effect of exchange rate differences on cash	—			—			—			(2,993		)	—				(2,993		)

Net decrease in cash and cash equivalents	—			(375		)	(3,665		)	(9,987		)	—				(14,027		)

Cash and cash equivalents, beginning of period	—			646			5,881			47,291			—				53,818

Cash and cash equivalents, end of period	$	—		$	271		$	2,216		$	37,304		$	—			$	39,791

__________________________________________

-1	Kraton Polymers LLC and Kraton Polymers Capital Corporation, a financing subsidiary, collectively, the Issuers, are co-issuers of the 6.75% senior notes due March 1, 2019. Kraton Polymers Capital Corporation has minimal assets and income. We do not believe that separate financial information concerning the Issuers would provide additional information that would be material to investors in making an investment decision.
KRATON PERFORMANCE POLYMERS, INC.
CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS
Three Months Ended March 31, 2014
(Unaudited)
(In thousands)




	Kraton			Kraton Polymers LLC (1)			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations				Consolidated
Cash flows provided by (used in) operating activities	$	—		$	(2,567	)	$	7,997		$	(59,017	)	$	—			$	(53,587	)

Cash flows provided by (used in) investing activities:
Proceeds from intercompany loans	—			3,100			—			—			(3,100		)		—

Kraton purchase of property, plant and equipment	—			—			(12,313		)	(2,892		)	—				(15,205		)

KFPC purchase of property, plant and equipment	—			—			—			(4,980		)	—				(4,980		)

Purchase of software and other intangibles	—			(1,062		)	—			—			—				(1,062		)

Net cash provided by (used in) investing activities	—			2,038			(12,313		)	(7,872		)	(3,100		)		(21,247		)

Cash flows provided by (used in) financing activities:
Capital lease payments	—			—			(3,011		)	—			—				(3,011		)

Purchase of treasury stock	(429		)	—			—			—			—				(429		)

Cash contributions from member	—			—			(429		)	—			429				—

Cash distributions to member	(106		)	535			—			—			(429		)		—

Proceeds from the exercise of stock options	535			—			—			—			—				535

Payments on intercompany loans	—			—			(3,100		)	—			3,100				—

Net cash provided by (used in) financing activities	—			535			(6,540		)	—			3,100				(2,905		)

Effect of exchange rate differences on cash	—			—			—			(814		)	—				(814		)

Net increase (decrease) in cash and cash equivalents	—			6			(10,856		)	(67,703		)	—				(78,553		)

Cash and cash equivalents, beginning of period	—			—			11,792			164,080			—				175,872

Cash and cash equivalents, end of period	$	—		$	6		$	936		$	96,377		$	—			$	97,319

___________________________________

-1	Kraton Polymers LLC and Kraton Polymers Capital Corporation, a financing subsidiary, collectively, the Issuers, are co-issuers of the 6.75% senior notes due March 1, 2019. Kraton Polymers Capital Corporation has minimal assets and income. We do not believe that separate financial information concerning the Issuers would provide additional information that would be material to investors in making an investment decision.

General_Policies

General (Policies)	3 Months Ended
	Mar. 31, 2015
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation. The accompanying unaudited condensed consolidated financial statements presented herein are for us and our consolidated subsidiaries, each of which is a wholly-owned subsidiary, except our 50% investment in our joint venture, Kraton Formosa Polymers Corporation (“KFPC”), located in Mailiao, Taiwan. KFPC is a variable interest entity for which we have determined that we are the primary beneficiary and, therefore, have consolidated into our financial statements. Our 50% investment in our joint venture located in Kashima, Japan is accounted for under the equity method of accounting. All significant intercompany transactions have been eliminated. These interim financial statements should be read in conjunction with the consolidated financial statements included in our Annual Report on Form 10-K for the year ended December 31, 2014 and reflect all normal recurring adjustments that are, in the opinion of management, necessary to present fairly our results of operations and financial position. Amounts reported in our Condensed Consolidated Statements of Operations are not necessarily indicative of amounts expected for the respective annual periods or any other interim period, in particular due to the effect of seasonal changes and weather conditions that typically affect our sales into paving and roofing applications.
	Significant Accounting Policies. Our significant accounting policies have been disclosed in Note 1 Description of Business, Basis of Presentation and Significant Accounting Policies in our most recent Annual Report on Form 10-K. There have been no changes to the policies disclosed therein. The accompanying unaudited condensed consolidated financial statements we present in this report have been prepared in accordance with those policies.
Use of Estimates	Use of Estimates. The preparation of condensed consolidated financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the condensed consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.
	Significant items subject to such estimates and assumptions include

	•	the useful lives of fixed assets;

	•	allowances for doubtful accounts and sales returns;

	•	the valuation of derivatives, deferred tax assets, property, plant and equipment, inventory, investments and share-based compensation; and

	•	liabilities for employee benefit obligations, environmental matters, asset retirement obligations (“ARO”), income tax uncertainties and other contingencies.
Income Tax in Interim Periods	Income Tax in Interim Periods. We conduct operations in separate legal entities in different jurisdictions. As a result, income tax amounts are reflected in these condensed consolidated financial statements for each of those jurisdictions. Tax laws and tax rates vary substantially in these jurisdictions and are subject to change based on the political and economic climate in those countries. We file our tax returns in accordance with our interpretations of each jurisdiction’s tax laws. We record our tax provision or benefit on an interim basis using the estimated annual effective tax rate. This rate is applied to the current period ordinary income or loss to determine the income tax provision or benefit allocated to the interim period.
	Losses from jurisdictions for which no benefit can be realized and the income tax effects of unusual and infrequent items are excluded from the estimated annual effective tax rate. Valuation allowances are provided against the future tax benefits that arise from the losses in jurisdictions for which no benefit can be realized. The effects of unusual and infrequent items are recognized in the impacted interim period as discrete items.
	The estimated annual effective tax rate may be significantly affected by nondeductible expenses and by our projected earnings mix by tax jurisdiction. Adjustments to the estimated annual effective income tax rate are recognized in the period during which such estimates are revised.
	We have established valuation allowances against a variety of deferred tax assets, including net operating loss carryforwards, foreign tax credits and other income tax credits. Valuation allowances take into consideration our expected ability to realize these deferred tax assets and reduce the value of such assets to the amount that is deemed more likely than not to be recoverable. Our ability to realize these deferred tax assets is dependent on achieving our forecast of future taxable operating income over an extended period of time. We review our forecast in relation to actual results and expected trends on a quarterly basis. If we fail to achieve our operating income targets, we may change our assessment regarding the recoverability of our net deferred tax assets and such change could result in a valuation allowance being recorded against some or all of our net deferred tax assets. A change in our valuation allowance would impact our income tax expense/benefit and our stockholders’ equity and could have a significant impact on our results of operations or financial condition in future periods.

Detail_of_Certain_Balance_Shee1

Detail of Certain Balance Sheet Accounts (Tables)	3 Months Ended
	Mar. 31, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Detail of certain balance sheet accounts

		31-Mar-15			31-Dec-14
		(In thousands)
	Inventories of products:
	Finished products	$	229,033		$	253,834

	Work in progress	3,769			5,552

	Raw materials	46,636			67,606

	Total inventories of products	$	279,438		$	326,992

	Other payables and accruals:
	Employee related	$	14,659		$	16,156

	Interest payable	2,236			7,959

	Other	24,274			26,773

	Total other payables and accruals	$	41,169		$	50,888

	Other long-term liabilities:
	Pension and other postretirement benefits	$	89,157		$	86,605

	Other	13,342			17,134

	Total other long-term liabilities	$	102,499		$	103,739

	Accumulated other comprehensive loss:
	Foreign currency translation adjustments	$	(54,954	)	$	(21,870	)
	Net unrealized loss on net investment hedge	(1,926		)	(1,926		)
	Benefit plans liability	(75,422		)	(75,422		)
	Total accumulated other comprehensive loss	$	(132,302	)	$	(99,218	)

Earnings_Per_Share_EPS_Tables

Earnings Per Share ("EPS") (Tables)	3 Months Ended
	Mar. 31, 2015
Earnings Per Share [Abstract]
Calculations of basic and diluted earnings per share	The calculations of basic and diluted EPS are as follows:


		Three months ended March 31, 2015								Three months ended March 31, 2014
		Net Loss Attributable to Kraton			Weighted Average Shares Outstanding		Loss Per Share			Net Loss Attributable to Kraton			Weighted Average Shares Outstanding		Loss Per Share
		(In thousands, except per share data)								(In thousands, except per share data)
	Basic:
	As reported	$	(9,456	)	31,604					$	(7,909	)	32,620

	Amounts allocated to unvested restricted shares	161			(537	)				111			(458	)

	Amounts available to common stockholders	(9,295		)	31,067		$	(0.30	)	(7,798		)	32,162		$	(0.24	)

	Diluted:
	Amounts allocated to unvested restricted shares	(161		)	537					(111		)	458

	Amounts reallocated to unvested restricted shares	161			(537	)				111			(458	)

	Amounts available to stockholders and assumed conversions	$	(9,295	)	31,067		$	(0.30	)	$	(7,798	)	32,162		$	(0.24	)

LongTerm_Debt_Tables

Long-Term Debt (Tables)	3 Months Ended
	Mar. 31, 2015
Debt Disclosure [Abstract]
Schedule of long-term debt	Long-term debt consists of the following:


		31-Mar-15		31-Dec-14
		(In thousands)
	6.75% unsecured notes	$	350,783	$	350,825

	KFPC loan agreement	20,135		—

	Senior secured credit facilities	20,000		—

	Capital lease obligation	1,734		1,047

	Total debt	392,652		351,872

	Less current portion of total debt	135		87

	Long-term debt	$	392,517	$	351,785

Remaining principal payments on outstanding total debt	The remaining principal payments on our outstanding total debt as of March 31, 2015, are as follows:


		Principal Payments
		(In thousands)
	March 31:
	2016	$	135

	2017	143

	2018	24,179

	2019	354,189

	2020	12,252

	Thereafter	971

	Total debt	$	391,869

Fair_Value_Measurements_Financ1

Fair Value Measurements, Financial Instruments and Credit Risk (Tables)	3 Months Ended
	Mar. 31, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Summary of Measurement of Financial Assets and Liabilities at Fair Value on Recurring Basis	The following tables set forth by level within the fair value hierarchy our financial assets and liabilities that were accounted for at fair value on a recurring basis as of March 31, 2015 and December 31, 2014. These financial assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement. Our assessment of the significance of a particular input to the fair value measurement requires judgment, which judgment may affect the valuation of their fair value and their placement within the fair value hierarchy levels.



								Fair Value Measurements at Reporting Date Using
		Balance Sheet Location		March 31, 2015				Quoted Prices in Active Markets for Identical Assets				Significant Other Observable Inputs				Significant Unobservable Inputs
								(Level 1)				(Level 2)				(Level 3)
				(In thousands)
	Retirement plan asset – current	Other current assets		$	272			$	272			$	—			$	—

	Retirement plan asset – noncurrent	Other long-term assets		$	2,127			$	2,127			$	—			$	—

	Total			$	2,399			$	2,399			$	—			$	—




								Fair Value Measurements at Reporting Date Using
		Balance Sheet Location		December 31, 2014				Quoted Prices in Active Markets for Identical Assets				Significant Other Observable Inputs				Significant Unobservable Inputs
								(Level 1)				(Level 2)				(Level 3)
				(In thousands)
	Retirement plan asset – current	Other current assets		$	272			$	272			$	—			$	—

	Retirement plan asset – noncurrent	Other long-term assets		$	2,055			$	2,055			$	—			$	—

	Total			$	2,327			$	2,327			$	—			$	—

Schedule of Carrying Values and Estimated Fair Values of Debt Instruments [Table Text Block]	The following table presents the carrying values and approximate fair values of our long-term debt.



		March 31, 2015								December 31, 2014
		Carrying Value				Fair Value				Carrying Value				Fair Value
		(In thousands)								(In thousands)
	6.75% unsecured notes (quoted prices in active market for identical assets – level 1)	$	350,783			$	358,750			$	350,825			$	358,750

	Capital lease obligation (significant other observable inputs – level 2)	$	1,734			$	1,734			$	1,047			$	1,047

Commitments_and_Contingencies_

Commitments and Contingencies (Tables)	3 Months Ended
	Mar. 31, 2015
Commitments and Contingencies Disclosure [Abstract]
Changes in the aggregate carrying amount of ARO liability	The changes in the aggregate carrying amount of our ARO liability are as follows:


		Three months ended
		March 31,
		2015			2014
		(In thousands)
	Beginning balance	$	10,394		$	10,497

	Accretion expense	104			136

	Obligations settled	—			(45		)

	Foreign currency translation, net	(439		)	3

	Ending Balance	$	10,059		$	10,591

Employee_Benefits_Tables

Employee Benefits (Tables)	3 Months Ended
	Mar. 31, 2015
U.S. Retirement Benefit Plan
Defined Benefit Plan Disclosure [Line Items]
Components of net periodic benefit cost	The components of net periodic benefit cost related to U.S. pension benefits are as follows:



		Three months ended
		March 31,
		2015			2014
		(In thousands)
	Service cost	$	930		$	753

	Interest cost	1,613			1,510

	Expected return on plan assets	(2,130		)	(1,915		)
	Amortization of prior service cost	1,110			430

	Net periodic benefit cost	$	1,523		$	778

Post-Retirement Benefits Other Than Pensions
Defined Benefit Plan Disclosure [Line Items]
Components of net periodic benefit cost	The components of net periodic benefit cost related to other post-retirement benefits are as follows:



		Three months ended
		March 31,
		2015			2014
		(In thousands)
	Service cost	$	163		$	125

	Interest cost	320			320

	Amortization of prior service cost	200			113

	Net periodic benefit cost	$	683		$	558

Industry_Segment_and_Foreign_O1

Industry Segment and Foreign Operations (Tables)	3 Months Ended
	Mar. 31, 2015
Segment Reporting [Abstract]
Sales revenue for primary product lines	Our products are manufactured and our commercial activities are organized in the following product groups based upon polymer chemistry and process technologies:


		Revenue for the
		three months ended March 31,
		2015		2014
		(In thousands)
	Performance Products	$	134,768	$	167,852

	Specialty Polymers	91,674		108,346

	Cariflex	34,837		35,363

	Other	150		95

		$	261,429	$	311,656

Summary of revenue by geographic region	Following is a summary of revenue by geographic region:


		Three months ended
		March 31,
		2015		2014
		(In thousands)
	Revenue:
	United States	$	83,702	$	101,662

	Germany	30,676		40,641

	China	18,372		18,992

	Japan	16,435		17,681

	Thailand	12,668		16,248

	Brazil	9,591		14,143

	France	8,909		12,479

	Malaysia	7,881		6,482

	Italy	7,304		10,221

	Netherlands	7,121		7,027

	Belgium	6,885		8,186

	United Kingdom	6,794		8,152

	South Korea	4,468		2,941

	Canada	4,297		4,033

	Taiwan	4,097		4,567

	Mexico	3,662		3,747

	Sweden	3,099		4,425

	Turkey	2,936		3,307

	Argentina	2,211		4,190

	Austria	2,137		2,815

	All other countries	18,184		19,717

		$	261,429	$	311,656

Summary of long-lived assets by geographic region	Following is a summary of long-lived assets by geographic region:


		March 31, 2015		December 31, 2014
		(In thousands)
	Long-lived assets, at cost:
	United States	$	502,944	$	495,313

	France	108,948		115,987

	Taiwan	73,004		56,994

	Brazil	62,330		71,970

	Germany	53,610		60,022

	Netherlands	28,162		29,838

	China	7,286		7,273

	Japan	1,672		1,637

	All other countries	170		194

		$	838,126	$	839,228

Variable_Interest_Entity_Table

Variable Interest Entity (Tables)	3 Months Ended
	Mar. 31, 2015
Noncontrolling Interest [Abstract]
Summary of carrying amounts of assets and liabilities	The following table summarizes the carrying amounts of assets and liabilities as of March 31, 2015 and December 31, 2014 for KFPC before intercompany eliminations. See Note 6 Long Term Debt, for further discussion related to the KFPC Loan Agreement executed on July 17, 2014.


		31-Mar-15		31-Dec-14
		(In thousands)
	Cash and cash equivalents	$	11,035	$	7,993

	Other current assets	3,315		2,533

	Property, plant and equipment	72,891		56,904

	Intangible assets	9,676		9,579

	Other long-term assets	1,243		1,098

	Total assets	$	98,160	$	78,107

	Current liabilities	2,503		2,771

	Long-term debt	20,135		—

	Total liabilities	$	22,638	$	2,771

Supplemental_Guarantor_Informa1

Supplemental Guarantor Information (Tables)	3 Months Ended
	Mar. 31, 2015
Condensed Financial Information of Parent Company Only Disclosure [Abstract]
Condensed Consolidating Balance Sheet	KRATON PERFORMANCE POLYMERS, INC.
	CONDENSED CONSOLIDATING BALANCE SHEET
	March 31, 2015
	(Unaudited)
	(In thousands, except par value)


		Kraton				Kraton Polymers LLC (1)				Guarantor Subsidiaries				Non-Guarantor Subsidiaries				Eliminations				Consolidated
	ASSETS
	Current assets:
	Cash and cash equivalents	$	—			$	271			$	2,216			$	37,304			$	—			$	39,791

	Receivables, net of allowances	—				139				48,478				72,387				—				121,004

	Inventories of products	—				200				176,403				102,835				—				279,438

	Inventories of materials and supplies	—				—				9,202				1,580				—				10,782

	Deferred income taxes	—				3,566				—				3,921				—				7,487

	Other current assets	—				4,634				916				16,856				—				22,406

	Total current assets	—				8,810				237,215				234,883				—				480,908

	Property, plant and equipment, less accumulated depreciation	—				43,460				250,747				161,437				—				455,644

	Intangible assets, less accumulated amortization	—				44,228				2,885				1,405				—				48,518

	Investment in consolidated subsidiaries	509,606				1,384,102				—				—				(1,893,708		)		—

	Investment in unconsolidated joint venture	—				813				—				10,422				—				11,235

	Debt issuance costs	—				4,330				1,153				990				—				6,473

	Deferred income taxes	—				411				—				1,731				—				2,142

	Other long-term assets	—				12,068				625,386				92,051				(702,973		)		26,532

	Total assets	$	509,606			$	1,498,222			$	1,117,386			$	502,919			$	(2,596,681	)		$	1,031,452

	LIABILITIES AND STOCKHOLDERS' AND
	MEMBER'S EQUITY
	Current liabilities:

	Current portion of long-term debt	$	—			$	—			$	135			$	—			$	—			$	135

	Accounts payable-trade	—				496				23,712				27,002				—				51,210

	Other payables and accruals	—				13,403				14,278				13,488				—				41,169

	Deferred income taxes	—				—				—				1,431				—				1,431

	Due to related party	—				—				—				15,573				—				15,573

	Total current liabilities	—				13,899				38,125				57,494				—				109,518

	Long-term debt, net of current portion	—				350,783				21,599				20,135				—				392,517

	Deferred income taxes	—				11,670				—				183				—				11,853

	Other long-term liabilities	—				613,364				95,316				96,792				(702,973		)		102,499

	Total liabilities	—				989,716				155,040				174,604				(702,973		)		616,387

Commitments and contingencies (note 10)

Stockholders' and member's equity:

Preferred stock, $0.01 par value; 100,000 shares authorized; none issued	—				—				—				—				—				—

Common stock, $0.01 par value; 500,000 shares authorized	314				—				—				—				—				314

Additional paid in capital	354,644				—				—				—				—				354,644

Member's equity	—				509,606				1,031,553				352,549				(1,893,708		)		—

Retained earnings	154,648				—				—				—				—				154,648

Accumulated other comprehensive loss	—				(1,100		)		(69,207		)		(61,995		)		—				(132,302		)

Kraton stockholders' and member's equity	509,606				508,506				962,346				290,554				(1,893,708		)		377,304

Noncontrolling interest	—				—				—				37,761				—				37,761

Total stockholders' and member's equity	509,606				508,506				962,346				328,315				(1,893,708		)		415,065

Total liabilities and stockholders' and member's equity	$	509,606			$	1,498,222			$	1,117,386			$	502,919			$	(2,596,681	)		$	1,031,452

________________________________________________________

-1	Kraton Polymers LLC and Kraton Polymers Capital Corporation, a financing subsidiary, collectively, the Issuers, are co-issuers of the 6.75% senior notes due March 1, 2019. Kraton Polymers Capital Corporation has minimal assets and income. We do not believe that separate financial information concerning the Issuers would provide additional information that would be material to investors in making an investment decision.
KRATON PERFORMANCE POLYMERS, INC.
CONDENSED CONSOLIDATING BALANCE SHEET
December 31, 2014
(In thousands, except par value)


	Kraton				Kraton Polymers LLC (1)				Guarantor Subsidiaries				Non-Guarantor Subsidiaries				Eliminations				Consolidated
ASSETS
Current assets:
Cash and cash equivalents	$	—			$	646			$	5,881			$	47,291			$	—			$	53,818

Receivables, net of allowances	—				553				37,266				69,613				—				107,432

Inventories of products	—				35				201,146				125,811				—				326,992

Inventories of materials and supplies	—				—				9,092				1,876				—				10,968

Deferred income taxes	—				—				3,566				3,681				—				7,247

Other current assets	—				5,317				931				18,273				—				24,521

Total current assets	—				6,551				257,882				266,545				—				530,978

Property, plant and equipment, less accumulated depreciation	—				46,081				248,220				157,464				—				451,765

Intangible assets, less accumulated amortization	—				45,356				4,000				254				—				49,610

Investment in consolidated subsidiaries	529,701				1,382,584				—				—				(1,912,285		)		—

Investment in unconsolidated joint venture	—				813				—				11,835				—				12,648

Debt issuance costs	—				4,674				1,297				1,182				—				7,153

Deferred income taxes	—				428				—				1,748				—				2,176

Other long-term assets	—				6,384				591,841				85,520				(655,623		)		28,122

Total assets	$	529,701			$	1,492,871			$	1,103,240			$	524,548			$	(2,567,908	)		$	1,082,452

LIABILITIES AND STOCKHOLDERS’ AND MEMBER’S EQUITY
Current liabilities:
Current portion of long-term debt	—				—				87				—				—				87

Accounts payable-trade	—				637				30,332				41,817				—				72,786

Other payables and accruals	—				21,913				14,017				14,958				—				50,888

Deferred income taxes	—				—				—				1,633				—				1,633

Due to related party	—				—				—				18,121				—				18,121

Total current liabilities	—				22,550				44,436				76,529				—				143,515

Long-term debt, net of current portion	—				350,825				960				—				—				351,785

Deferred income taxes	—				8,443				3,566				3,253				—				15,262

Other long-term liabilities	—				582,462				93,191				83,709				(655,623		)		103,739

Total liabilities	—				964,280				142,153				163,491				(655,623		)		614,301

Commitments and contingencies (note 10)

Stockholders’ and member’s equity:
Preferred stock, $.01 par value; 100,000 shares authorized; none issued	—				—				—				—				—				—

Common stock, $.01 par value; 500,000 shares authorized	318				—				—				—				—				318

Additional paid in capital	361,342				—				—				—				—				361,342

Member’s equity	—				529,701				1,030,294				352,290				(1,912,285		)		—

Retained earnings	168,041				—				—				—				—				168,041

Accumulated other comprehensive loss	—				(1,110		)		(69,207		)		(28,901		)		—				(99,218		)

Kraton stockholders’ and member’s equity	529,701				528,591				961,087				323,389				(1,912,285		)		430,483

Noncontrolling interest	—				—				—				37,668				—				37,668

Total stockholders’ and member’s equity	529,701				528,591				961,087				361,057				(1,912,285		)		468,151

Total liabilities and stockholders’ and member’s equity	$	529,701			$	1,492,871			$	1,103,240			$	524,548			$	(2,567,908	)		$	1,082,452

_____________________________________________

-1	Kraton Polymers LLC and Kraton Polymers Capital Corporation, a financing subsidiary, collectively, the Issuers, are co-issuers of the 6.75% senior notes due March 1, 2019. Kraton Polymers Capital Corporation has minimal assets and income. We do not believe that separate financial information concerning the Issuers would provide additional information that would be material to investors in making an investment decision.
Consolidating Statement of Operations	KRATON PERFORMANCE POLYMERS, INC.
	CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS
	Three Months Ended March 31, 2015
	(Unaudited)
	(In thousands)



		Kraton				Kraton Polymers LLC (1)				Guarantor Subsidiaries				Non-Guarantor Subsidiaries				Eliminations				Consolidated
	Revenue	$	—			$	—			$	144,486			$	159,205			$	(42,262	)		$	261,429

	Cost of goods sold	—				5,565				116,920				134,645				(42,262		)		214,868

	Gross profit	—				(5,565		)		27,566				24,560				—				46,561

	Operating expenses:

	Research and development	—				(651		)		902				7,696				—				7,947

	Selling, general and administrative	—				(6,085		)		14,218				18,816				—				26,949

	Depreciation and amortization	—				5,638				6,901				2,757				—				15,296

	Total operating expenses	—				(1,098		)		22,021				29,269				—				50,192

	Earnings (loss) in consolidated subsidiaries	(9,741		)		1,233				—				—				8,508				—

	Earnings of unconsolidated joint venture	—				—				—				76				—				76

	Interest expense (income), net	—				6,261				(131		)		(10		)		—				6,120

	Income (loss) before income taxes	(9,741		)		(9,495		)		5,676				(4,623		)		8,508				(9,675		)

	Income tax expense (benefit)	—				246				(537		)		357				—				66

	Consolidated net income (loss)	(9,741		)		(9,741		)		6,213				(4,980		)		8,508				(9,741		)

	Net loss attributable to noncontrolling interest	—				—				—				(285		)		—				(285		)

	Net income (loss) attributable to Kraton	$	(9,741	)		$	(9,741	)		$	6,213			$	(4,695	)		$	8,508			$	(9,456	)

	_________________________________________

	-1	Kraton Polymers LLC and Kraton Polymers Capital Corporation, a financing subsidiary, collectively, the Issuers, are co-issuers of the 6.75% senior notes due March 1, 2019. Kraton Polymers Capital Corporation has minimal assets and income. We do not believe that separate financial information concerning the Issuers would provide additional information that would be material to investors in making an investment decision.
	KRATON PERFORMANCE POLYMERS, INC.
	CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS
	Three Months Ended March 31, 2014
	(Unaudited)
	(In thousands)



		Kraton				Kraton Polymers LLC (1)				Guarantor Subsidiaries				Non-Guarantor Subsidiaries				Eliminations				Consolidated
	Revenue	$	—			$	—			$	156,838			$	191,192			$	(36,374	)		$	311,656

	Cost of goods sold	—				(15,114		)		127,201				178,870				(36,374		)		254,583

	Gross profit	—				15,114				29,637				12,322				—				57,073

	Operating expenses:

	Research and development	—				4,499				454				3,344				—				8,297

	Selling, general and administrative	—				26,696				88				7,434				—				34,218

Depreciation and amortization	—				5,537				7,171				3,701				—				16,409

Total operating expenses	—				36,732				7,713				14,479				—				58,924

Earnings (loss) in consolidated subsidiaries	(8,194		)		19,185				—				—				(10,991		)		—

Earnings of unconsolidated joint venture	—				—				—				117				—				117

Interest expense (income), net	—				6,255				125				(42		)		—				6,338

Income (loss) before income taxes	(8,194		)		(8,688		)		21,799				(1,998		)		(10,991		)		(8,072		)

Income tax expense (benefit)	—				(494		)		3				613				—				122

Consolidated net income (loss)	(8,194		)		(8,194		)		21,796				(2,611		)		(10,991		)		(8,194		)

Net loss attributable to noncontrolling interest	—				—				—				(285		)		—				(285		)

Net income (loss) attributable to Kraton	$	(8,194	)		$	(8,194	)		$	21,796			$	(2,326	)		$	(10,991	)		$	(7,909	)

_________________________________________

-1	Kraton Polymers LLC and Kraton Polymers Capital Corporation, a financing subsidiary, collectively, the Issuers, are co-issuers of the 6.75% senior notes due March 1, 2019. Kraton Polymers Capital Corporation has minimal assets and income. We do not believe that separate financial information concerning the Issuers would provide additional information that would be material to investors in making an investment decision.
Consolidating Statement of Comprehensive Income	KRATON PERFORMANCE POLYMERS, INC.
	CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME (LOSS)
	Three Months Ended March 31, 2015
	(Unaudited)
	(In thousands)



		Kraton				Kraton Polymers LLC (1)				Guarantor Subsidiaries				Non-Guarantor Subsidiaries				Eliminations				Consolidated
	Net income (loss) attributable to Kraton	$	(9,741	)		$	(9,741	)		$	6,213			$	(4,695	)		$	8,508			$	(9,456	)

	Other comprehensive income (loss):

	Foreign currency translation adjustments, net of tax of $0	—				10				—				(33,094		)		—				(33,084		)

	Other comprehensive income (loss), net of tax	—				10				—				(33,094		)		—				(33,084		)

	Comprehensive income (loss) attributable to Kraton	(9,741		)		(9,731		)		6,213				(37,789		)		8,508				(42,540		)

	Comprehensive income attributable to noncontrolling interest	—				—				—				93				—				93

	Consolidated comprehensive income (loss)	$	(9,741	)		$	(9,731	)		$	6,213			$	(37,696	)		$	8,508			$	(42,447	)

	_________________________________________

	-1	Kraton Polymers LLC and Kraton Polymers Capital Corporation, a financing subsidiary, collectively, the Issuers, are co-issuers of the 6.75% senior notes due March 1, 2019. Kraton Polymers Capital Corporation has minimal assets and income. We do not believe that separate financial information concerning the Issuers would provide additional information that would be material to investors in making an investment decision.
	KRATON PERFORMANCE POLYMERS, INC.
	CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME (LOSS)
	Three Months Ended March 31, 2014
	(Unaudited)
	(In thousands)



		Kraton				Kraton Polymers LLC (1)				Guarantor Subsidiaries				Non-Guarantor Subsidiaries				Eliminations				Consolidated
	Net income (loss) attributable to Kraton	$	(8,194	)		$	(8,194	)		$	21,796			$	(2,326	)		$	(10,991	)		$	(7,909	)

	Other comprehensive income (loss):

	Foreign currency translation adjustments, net of tax of $0	—				(274		)		—				2,073				—				1,799

	Other comprehensive income (loss), net of tax	—				(274		)		—				2,073				—				1,799

	Comprehensive income (loss) attributable to Kraton	(8,194		)		(8,468		)		21,796				(253		)		(10,991		)		(6,110		)

	Comprehensive income attributable to noncontrolling interest	—				—				—				(866		)		—				(866		)

	Consolidated comprehensive income (loss)	$	(8,194	)		$	(8,468	)		$	21,796			$	(1,119	)		$	(10,991	)		$	(6,976	)

	__________________________________________

	-1	Kraton Polymers LLC and Kraton Polymers Capital Corporation, a financing subsidiary, collectively, the Issuers, are co-issuers of the 6.75% senior notes due March 1, 2019. Kraton Polymers Capital Corporation has minimal assets and income. We do not believe that separate financial information concerning the Issuers would provide additional information that would be material to investors in making an investment decision.
Consolidating Statement of Cash Flows	KRATON PERFORMANCE POLYMERS, INC.
	CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS
	Three Months Ended March 31, 2015
	(Unaudited)
	(In thousands)



		Kraton				Kraton Polymers LLC (1)				Guarantor Subsidiaries				Non-Guarantor Subsidiaries				Eliminations				Consolidated
	Cash flows provided by (used in) operating activities	$	—			$	33,990			$	(33,210	)		$	(7,277	)		$	—			$	(6,497	)

	Cash flows used in investing activities:

	Proceeds from intercompany loans	—				(20,275		)		—				—				20,275				—

	Kraton purchase of property, plant and equipment	—				(342		)		(10,657		)		(3,726		)		—				(14,725		)

	KFPC purchase of property, plant and equipment	—				—				—				(15,968		)		—				(15,968		)

	Purchase of software and other intangibles	—				(500		)		(41		)		—				—				(541		)

	Net cash used in investing activities	—				(21,117		)		(10,698		)		(19,694		)		20,275				(31,234		)

	Cash flows provided by (used in) financing activities:

	Proceeds from debt	—				—				25,000				—				—				25,000

	Repayments of debt	—				—				(5,000		)		—				—				(5,000		)

	KFPC proceeds from debt	—				—				—				19,977				—				19,977

	Capital lease payments	—				—				(32		)		—				—				(32		)

	Purchase of treasury stock	(13,429		)		—				—				—				—				(13,429		)

	Cash contributions from member	—				(13,429		)		—				—				13,429				—

	Cash distributions to member	13,248				181				—				—				(13,429		)		—

	Proceeds from the exercise of stock options	181				—				—				—				—				181

	Payments on intercompany loans	—				—				20,275				—				(20,275		)		—

	Net cash provided by (used in) financing activities	—				(13,248		)		40,243				19,977				(20,275		)		26,697

	Effect of exchange rate differences on cash	—				—				—				(2,993		)		—				(2,993		)

	Net decrease in cash and cash equivalents	—				(375		)		(3,665		)		(9,987		)		—				(14,027		)

	Cash and cash equivalents, beginning of period	—				646				5,881				47,291				—				53,818

	Cash and cash equivalents, end of period	$	—			$	271			$	2,216			$	37,304			$	—			$	39,791

	__________________________________________

	-1	Kraton Polymers LLC and Kraton Polymers Capital Corporation, a financing subsidiary, collectively, the Issuers, are co-issuers of the 6.75% senior notes due March 1, 2019. Kraton Polymers Capital Corporation has minimal assets and income. We do not believe that separate financial information concerning the Issuers would provide additional information that would be material to investors in making an investment decision.
	KRATON PERFORMANCE POLYMERS, INC.
	CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS
	Three Months Ended March 31, 2014
	(Unaudited)
	(In thousands)




	Kraton				Kraton Polymers LLC (1)				Guarantor Subsidiaries				Non-Guarantor Subsidiaries				Eliminations				Consolidated
Cash flows provided by (used in) operating activities	$	—			$	(2,567	)		$	7,997			$	(59,017	)		$	—			$	(53,587	)

Cash flows provided by (used in) investing activities:
Proceeds from intercompany loans	—				3,100				—				—				(3,100		)		—

Kraton purchase of property, plant and equipment	—				—				(12,313		)		(2,892		)		—				(15,205		)

KFPC purchase of property, plant and equipment	—				—				—				(4,980		)		—				(4,980		)

Purchase of software and other intangibles	—				(1,062		)		—				—				—				(1,062		)

Net cash provided by (used in) investing activities	—				2,038				(12,313		)		(7,872		)		(3,100		)		(21,247		)

Cash flows provided by (used in) financing activities:
Capital lease payments	—				—				(3,011		)		—				—				(3,011		)

Purchase of treasury stock	(429		)		—				—				—				—				(429		)

Cash contributions from member	—				—				(429		)		—				429				—

Cash distributions to member	(106		)		535				—				—				(429		)		—

Proceeds from the exercise of stock options	535				—				—				—				—				535

Payments on intercompany loans	—				—				(3,100		)		—				3,100				—

Net cash provided by (used in) financing activities	—				535				(6,540		)		—				3,100				(2,905		)

Effect of exchange rate differences on cash	—				—				—				(814		)		—				(814		)

Net increase (decrease) in cash and cash equivalents	—				6				(10,856		)		(67,703		)		—				(78,553		)

Cash and cash equivalents, beginning of period	—				—				11,792				164,080				—				175,872

Cash and cash equivalents, end of period	$	—			$	6			$	936			$	96,377			$	—			$	97,319

___________________________________

-1	Kraton Polymers LLC and Kraton Polymers Capital Corporation, a financing subsidiary, collectively, the Issuers, are co-issuers of the 6.75% senior notes due March 1, 2019. Kraton Polymers Capital Corporation has minimal assets and income. We do not believe that separate financial information concerning the Issuers would provide additional information that would be material to investors in making an investment decision.

General_Details

General (Details)	3 Months Ended
	Mar. 31, 2015
	facility
Schedule Of Description Of Business Basis Of Presentation And Significant Accounting Policies [Line Items]
Number of manufacturing facilities	5
Kraton Formosa Polymers Corporation
Schedule Of Description Of Business Basis Of Presentation And Significant Accounting Policies [Line Items]
Percentage of investment in joint venture	50.00%
Styrenic Block Copolymer Joint Venture
Schedule Of Description Of Business Basis Of Presentation And Significant Accounting Policies [Line Items]
Percentage of investment in joint venture	50.00%

New_Accounting_Pronouncements_

New Accounting Pronouncements (Details) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified	Mar. 31, 2015	Dec. 31, 2014
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Other current assets	($22,406)	($24,521)
Debt issuance costs	-6,473	-7,153
Long-term debt	-392,517	-351,785
New Accounting Pronouncement, Early Adoption, Effect
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Other current assets	2,300
Debt issuance costs	6,500
Long-term debt	$8,800

ShareBased_Compensation_Detail

Share-Based Compensation (Details) (USD $)	3 Months Ended
In Millions, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Share-based compensation expense	$2.60	$3.60

Detail_of_Certain_Balance_Shee2

Detail of Certain Balance Sheet Accounts (Details) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified	Mar. 31, 2015	Dec. 31, 2014
Inventories of products:
Finished products	$229,033	$253,834
Work in progress	3,769	5,552
Raw materials	46,636	67,606
Total inventories of products	279,438	326,992
Other payables and accruals:
Employee related	14,659	16,156
Interest payable	2,236	7,959
Other	24,274	26,773
Total other payables and accruals	41,169	50,888
Other long-term liabilities:
Pension and other postretirement benefits	89,157	86,605
Other	13,342	17,134
Total other long-term liabilities	102,499	103,739
Accumulated other comprehensive loss:
Foreign currency translation adjustments	-54,954	-21,870
Net unrealized loss on net investment hedge	-1,926	-1,926
Benefit plans liability	-75,422	-75,422
Total accumulated other comprehensive loss	($132,302)	($99,218)

Earnings_Per_Share_EPS_Additio

Earnings Per Share ("EPS") - Additional Information (Details) (USD $)	3 Months Ended		5 Months Ended
	Mar. 31, 2015	Mar. 31, 2014	Mar. 31, 2015	Oct. 27, 2014
Earnings Per Share Basic [Line Items]
Weighted average restricted share units outstanding	536,790	458,319
Shares paid for tax withholding for share based compensation	27,028	15,707
Aggregate purchase price				$50,000,000
Number of repurchased common stock			1,660,623
Average price of repurchased common stock	$18.97		$18.97
Total repurchase cost (excluding trading commissions)			$31,500,000
Restricted Share Units
Earnings Per Share Basic [Line Items]
Weighted average share included in the computation of diluted EPS	112,594	66,973
Performance Share Units
Earnings Per Share Basic [Line Items]
Weighted average share included in the computation of diluted EPS	35,732
Antidilutive securities excluded from computation of diluted earnings per share	281,605	157,771
Stock Options
Earnings Per Share Basic [Line Items]
Antidilutive securities excluded from computation of diluted earnings per share	1,591,970	1,711,814

Earnings_Per_Share_EPS_Calcula

Earnings Per Share ("EPS") - Calculation of Basic and Diluted Earnings Per Share (Details) (USD $)	3 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Basic:
As reported	($9,456)	($7,909)
Amounts allocated to unvested restricted shares	161	111
Amounts available to common stockholders	-9,295	-7,798
Diluted:
Amounts allocated to unvested restricted shares	-161	-111
Amounts reallocated to unvested restricted shares	161	111
Amounts available to stockholders and assumed conversions	($9,295)	($7,798)
Basic:
Weighted average shares outstanding, basic, as reported (in shares)	31,604	32,620
Weighted average shares outstanding, amounts allocated to unvested restricted shares (in shares)	-537	-458
Weighted average shares outstanding, basic, amounts available to common stockholders	31,067	32,162
Diluted:
Weighted average shares outstanding, amounts allocated to unvested restricted shares (in shares)	537	458
Weighted average shares outstanding, amounts allocated to unvested restricted shares (in shares)	-537	-458
Amounts available to stockholders and assumed conversions	31,067	32,162
Loss per share, basic	($0.30)	($0.24)
Loss per share, diluted	($0.30)	($0.24)

LongTerm_Debt_Schedule_of_Long

Long-Term Debt - Schedule of Long-Term Debt (Details)

Mar. 31, 2015

Dec. 31, 2014

Mar. 31, 2015

Dec. 31, 2014

Mar. 31, 2015

Dec. 31, 2014

Mar. 31, 2015

Dec. 31, 2014

Mar. 31, 2014

Mar. 31, 2015

Dec. 31, 2014

USD ($)

Senior Secured Credit Agreement

Kraton Formosa Polymers Corporation Loan Agreement

6.75% Unsecured Notes Due 2019

Capital Lease Obligation

USD ($)

TWD

USD ($)

Debt Instrument [Line Items]

Long-term debt, gross

$392,652,000

$351,872,000

$20,000,000

$20,135,000

600,000,000

$350,783,000

$350,825,000

$1,734,000

$1,047,000

Less current portion of total debt

135,000

87,000

Long-term debt

$392,517,000

$351,785,000

Debt instrument interest rate

6.75%

LongTerm_Debt_Additional_Infor

Long-Term Debt - Additional Information (Details)

0 Months Ended

1 Months Ended

3 Months Ended

4 Months Ended

3 Months Ended

Jul. 17, 2014

Mar. 31, 2015

Jan. 31, 2014

Mar. 31, 2015

Mar. 31, 2014

Dec. 31, 2014

Apr. 30, 2015

Mar. 31, 2015

Dec. 31, 2014

Mar. 31, 2014

Mar. 20, 2012

Feb. 11, 2011

Mar. 31, 2015

Mar. 31, 2013

Mar. 31, 2015

Dec. 31, 2014

Jul. 17, 2014

Dec. 31, 2019

Dec. 31, 2018

Dec. 31, 2017

Dec. 31, 2016

Jul. 17, 2014

Mar. 31, 2013

Mar. 31, 2015

Dec. 31, 2014

Mar. 31, 2015

USD ($)

Subsequent Event

6.75% Unsecured Notes Due 2019

Minimum

Dutch Senior Secured Revolving Credit Facility

Revolving Credit Facility

Kraton Formosa Polymers Corporation Loan Agreement

US Senior Secured Credit Facility

Senior Secured Credit Agreement

Senior Secured Credit Facilities Financial Covenant

USD ($)

TWD

USD ($)

TWD

Kraton Polymers LLC

Scenario, Forecast

Tranche A

Tranche B

First Five Installments

Final Installment

USD ($)

LIBOR Rate Plus

Federal Funds Rate

Dutch Senior Secured Revolving Credit Facility

Swingline Loans

Minimum

USD ($)

TWD

USD ($)

TWD

Minimum

Maximum

LIBOR Rate Plus

Federal Funds Rate

USD ($)

US Commitment and Borrowing Base

LIBOR Rate Plus

Domestic Base Rate

Foreign Base Rate

LIBOR Rate Plus

Domestic Base Rate

Foreign Base Rate

USD ($)

Debt Instrument [Line Items]

Credit facility, borrowing capacity

$100,000,000

$176,300,000

5,500,000,000

$137,500,000

4,290,000,000

$38,800,000

1,210,000,000

$150,000,000

Credit facility, additional borrowing capacity

100,000,000

40,000,000

Percentage of revolving credit facility commitments

60.00%

Line of credit facility expiration date

27-Mar-18

Percentage added to basis

1.70%

1.00%

0.50%

1.50%

0.50%

1.50%

2.00%

1.00%

2.00%

1.00%

0.50%

Effective interest rate

2.20%

1.80%

Commitment fee, annual rate

0.38%

Percentage of commitment and borrowing base

12.50%

Credit facility, borrowing capacity

175,500,000

177,700,000

31,250,000

18,750,000

Fixed charge coverage ratio

100.00%

Borrowing base drawn

20,000,000

15,000,000

Senior note face amount

350,000,000

100,000,000

250,000,000

Debt instrument interest rate

6.75%

Debt instrument maturity date

1-Mar-19

Debt instrument frequency of periodic payment

semi-annually

Capital lease, term

10 years

Capital lease, principal amount

700,000

7,000,000

681,000

7,033,000

Long-term debt, gross

392,652,000

351,872,000

350,783,000

350,825,000

20,135,000

600,000,000

20,000,000

Loan agreement, term

5 years

Payment of outstanding principal amount, percentage

10.00%

50.00%

Line of credit facility, fixed interest rate

0.80%

Debt to equity ratio

1.2

Minimum tangible net worth required

$50,000,000

$100,000,000

Interest coverage ratio

2.5

Percentage of indebtedness payable

50.00%

LongTerm_Debt_Remaining_Princi

Long-Term Debt - Remaining Principal Payments on Outstanding Total Debt (Details) (USD $)	Mar. 31, 2015
In Thousands, unless otherwise specified	Mar. 31, 2015
Debt Disclosure [Abstract]
2016	$135
2017	143
2018	24,179
2019	354,189
2020	12,252
Thereafter	971
Total debt	$391,869

Debt_Issuance_Costs_Details

Debt Issuance Costs (Details) (USD $)	3 Months Ended		12 Months Ended
In Millions, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014	Dec. 31, 2014
Debt Issuance Costs [Line Items]
Net debt issuance costs	$8.80		$9.50
Amortization of debt issuance costs	0.6	0.6
Kraton Formosa Polymers Corporation Loan Agreement
Debt Issuance Costs [Line Items]
Debt issuance costs			0.5
Other current assets
Debt Issuance Costs [Line Items]
Net debt issuance costs	$2.30		$2.30

Fair_Value_Measurements_Financ2

Fair Value Measurements, Financial Instruments and Credit Risk - Summary of Financial Assets and Liabilities Measured at Fair Value on Recurring Basis (Details) (Fair Value, Measurements, Recurring, USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified	Mar. 31, 2015	Dec. 31, 2014
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Retirement plan asset b current	$272	$272
Retirement plan asset b noncurrent	2,127	2,055
Total	2,399	2,327
Quoted Prices in Active Markets for Identical Assets (Level 1)
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Retirement plan asset b current	272	272
Retirement plan asset b noncurrent	2,127	2,055
Total	2,399	2,327
Significant Other Observable Inputs (Level 2)
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Retirement plan asset b current	0	0
Retirement plan asset b noncurrent	0	0
Total	0	0
Significant Unobservable Inputs (Level 3)
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Retirement plan asset b current	0	0
Retirement plan asset b noncurrent	0	0
Total	$0	$0

Fair_Value_Measurements_Financ3

Fair Value Measurements, Financial Instruments and Credit Risk - Carrying Values and Approximate Fair Values of Long-Term Debt (Details) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified	Mar. 31, 2015	Dec. 31, 2014
6.75% Unsecured Notes Due 2019
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Carrying Value	$350,783	$350,825
6.75% Unsecured Notes Due 2019 \| Quoted Prices in Active Markets for Identical Assets (Level 1)
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Fair Value	358,750	358,750
Capital Lease Obligation
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Carrying Value	1,734	1,047
Capital Lease Obligation \| Significant Other Observable Inputs (Level 2)
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Fair Value	$1,734	$1,047

Fair_Value_Measurements_Financ4

Fair Value Measurements, Financial Instruments and Credit Risk - Additional Information (Details) (Foreign Currency Hedges, USD $)	3 Months Ended
In Millions, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Foreign Currency Hedges
Derivative [Line Items]
Aggregate loss on settlement of hedges	$3.90	$0.20

Income_Taxes_Details

Income Taxes (Details) (USD $)	3 Months Ended
Income Taxes (Details) (USD $)	Mar. 31, 2015	Mar. 31, 2014	Dec. 31, 2014
Income Tax Disclosure [Line Items]
Income tax expense	$66,000	$122,000
Effective tax rates	0.70%	1.50%
Income taxes at the statutory rate	35.00%
Valuation allowance for deferred tax assets	91,400,000		90,400,000
Increase in valuation allowance	1,000,000	500,000
Utilization of net operating losses in future period	-1,600,000
Effective income tax rate, excluding change release of valuation allowance	26.20%	4.20%
Unrecognized tax benefits	4,400,000		4,700,000
Increase (decrease) in uncertain tax positions primarily related to uncertain tax positions in Europe	-300,000	300,000
Current tax positions that have resulted in unrecognized tax benefits will significantly increase or decrease within one year	0
Valuation Allowance, Operating Loss Carryforwards
Income Tax Disclosure [Line Items]
Increase in valuation allowance	$2,600,000

Commitments_and_Contingencies_1

Commitments and Contingencies - Additional Information (Details)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014	Mar. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Mar. 31, 2014	Mar. 31, 2015	Mar. 31, 2015
	USD ($)	USD ($)	BRL	USD ($)	USD ($)	Other payables and accruals	Lcy Chemical Corporation	Shell Chemicals
						USD ($)		USD ($)
Loss Contingencies [Line Items]
Tax credits generated from purchase of certain goods	$1,900,000		6,100,000
Percentage of equity investment							50.00%
Termination fee	25,000,000
Receivable pursuant to indemnity	10,059,000	10,591,000		10,394,000	10,497,000			3,500,000
Cost of production downtime		13,000,000
Loss contingency accrual						$3,700,000

Commitments_and_Contingencies_2

Commitments and Contingencies - Changes in Aggregate Carrying Amount of Asset Retirement Obligation Liability (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Asset Retirement Obligation, Roll Forward Analysis [Roll Forward]
Beginning balance	$10,394	$10,497
Accretion expense	104	136
Obligations settled	0	-45
Foreign currency translation, net	-439	3
Ending Balance	$10,059	$10,591

Employee_Benefits_Components_o

Employee Benefits - Components of Net Periodic Benefit Cost Related to U.S Pension Benefits (Details) (U.S. pension benefits, USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
U.S. pension benefits
Defined Benefit Plan Disclosure [Line Items]
Service cost	$930	$753
Interest cost	1,613	1,510
Expected return on plan assets	-2,130	-1,915
Amortization of prior service cost	1,110	430
Net periodic benefit cost	$1,523	$778

Employee_Benefits_Additional_I

Employee Benefits - Additional Information (Details) (U.S. pension benefits, USD $)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
U.S. pension benefits
Defined Benefit Plan Disclosure [Line Items]
Employer contributions	$0	$1,400,000

Employee_Benefits_Components_o1

Employee Benefits - Components of Net Periodic Cost Related to Other Post- retirement Benefits (Details) (Post-Retirement Benefits Other Than Pensions, USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Post-Retirement Benefits Other Than Pensions
Defined Benefit Plan Disclosure [Line Items]
Service cost	$163	$125
Interest cost	320	320
Amortization of prior service cost	200	113
Net periodic benefit cost	$683	$558

Industry_Segment_and_Foreign_O2

Industry Segment and Foreign Operations - Sales Revenue for Four Primary Product Lines (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Segment Reporting Information [Line Items]
Revenue	$261,429	$311,656
Performance Products
Segment Reporting Information [Line Items]
Revenue	134,768	167,852
Specialty Polymers
Segment Reporting Information [Line Items]
Revenue	91,674	108,346
Cariflex
Segment Reporting Information [Line Items]
Revenue	34,837	35,363
Other
Segment Reporting Information [Line Items]
Revenue	$150	$95

Industry_Segment_and_Foreign_O3

Industry Segment and Foreign Operations - Sales Revenue by Geographic Region (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Segment Reporting Revenue Reconciling Item [Line Items]
Revenue	$261,429	$311,656
United States
Segment Reporting Revenue Reconciling Item [Line Items]
Revenue	83,702	101,662
Germany
Segment Reporting Revenue Reconciling Item [Line Items]
Revenue	30,676	40,641
China
Segment Reporting Revenue Reconciling Item [Line Items]
Revenue	18,372	18,992
Japan
Segment Reporting Revenue Reconciling Item [Line Items]
Revenue	16,435	17,681
Thailand
Segment Reporting Revenue Reconciling Item [Line Items]
Revenue	12,668	16,248
Brazil
Segment Reporting Revenue Reconciling Item [Line Items]
Revenue	9,591	14,143
France
Segment Reporting Revenue Reconciling Item [Line Items]
Revenue	8,909	12,479
Malaysia
Segment Reporting Revenue Reconciling Item [Line Items]
Revenue	7,881	6,482
Italy
Segment Reporting Revenue Reconciling Item [Line Items]
Revenue	7,304	10,221
Netherlands
Segment Reporting Revenue Reconciling Item [Line Items]
Revenue	7,121	7,027
Belgium
Segment Reporting Revenue Reconciling Item [Line Items]
Revenue	6,885	8,186
United Kingdom
Segment Reporting Revenue Reconciling Item [Line Items]
Revenue	6,794	8,152
South Korea
Segment Reporting Revenue Reconciling Item [Line Items]
Revenue	4,468	2,941
Canada
Segment Reporting Revenue Reconciling Item [Line Items]
Revenue	4,297	4,033
Taiwan
Segment Reporting Revenue Reconciling Item [Line Items]
Revenue	4,097	4,567
Mexico
Segment Reporting Revenue Reconciling Item [Line Items]
Revenue	3,662	3,747
Sweden
Segment Reporting Revenue Reconciling Item [Line Items]
Revenue	3,099	4,425
Turkey
Segment Reporting Revenue Reconciling Item [Line Items]
Revenue	2,936	3,307
Argentina
Segment Reporting Revenue Reconciling Item [Line Items]
Revenue	2,211	4,190
Austria
Segment Reporting Revenue Reconciling Item [Line Items]
Revenue	2,137	2,815
All other countries
Segment Reporting Revenue Reconciling Item [Line Items]
Revenue	$18,184	$19,717

Industry_Segment_and_Foreign_O4

Industry Segment and Foreign Operations - Long-Lived Assets by Geographic Region (Details) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified	Mar. 31, 2015	Dec. 31, 2014
Revenues from External Customers and Long-Lived Assets [Line Items]
Long-lived assets, at cost	$838,126	$839,228
United States
Revenues from External Customers and Long-Lived Assets [Line Items]
Long-lived assets, at cost	502,944	495,313
France
Revenues from External Customers and Long-Lived Assets [Line Items]
Long-lived assets, at cost	108,948	115,987
Taiwan
Revenues from External Customers and Long-Lived Assets [Line Items]
Long-lived assets, at cost	73,004	56,994
Brazil
Revenues from External Customers and Long-Lived Assets [Line Items]
Long-lived assets, at cost	62,330	71,970
Germany
Revenues from External Customers and Long-Lived Assets [Line Items]
Long-lived assets, at cost	53,610	60,022
Netherlands
Revenues from External Customers and Long-Lived Assets [Line Items]
Long-lived assets, at cost	28,162	29,838
China
Revenues from External Customers and Long-Lived Assets [Line Items]
Long-lived assets, at cost	7,286	7,273
Japan
Revenues from External Customers and Long-Lived Assets [Line Items]
Long-lived assets, at cost	1,672	1,637
All other countries
Revenues from External Customers and Long-Lived Assets [Line Items]
Long-lived assets, at cost	$170	$194

Related_Party_Transactions_Det

Related Party Transactions (Details) (Styrenic Block Copolymer Joint Venture, USD $)	3 Months Ended
In Millions, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Styrenic Block Copolymer Joint Venture
Related Party Transaction [Line Items]
Percentage of equity investment	50.00%
Related party liability	$6.50	$13.80

Variable_Interest_Entity_Detai

Variable Interest Entity (Details) (USD $)	Mar. 31, 2015	Dec. 31, 2014	Mar. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified	Mar. 31, 2015	Dec. 31, 2014	Mar. 31, 2014	Dec. 31, 2013
Minority Interest [Line Items]
Cash and cash equivalents	$39,791	$53,818	$97,319	$175,872
Other current assets	22,406	24,521
Property, plant and equipment	455,644	451,765
Intangible assets	48,518	49,610
Other long-term assets	26,532	28,122
Total assets	1,031,452	1,082,452
Total current liabilities	109,518	143,515
Long-term debt	392,517	351,785
Total liabilities	616,387	614,301
Kraton Formosa Polymers Corporation
Minority Interest [Line Items]
Cash and cash equivalents	11,035	7,993
Other current assets	3,315	2,533
Property, plant and equipment	72,891	56,904
Intangible assets	9,676	9,579
Other long-term assets	1,243	1,098
Total assets	98,160	78,107
Total current liabilities	2,503	2,771
Long-term debt	20,135	0
Total liabilities	$22,638	$2,771

Supplemental_Guarantor_Informa2

Supplemental Guarantor Information - Additional Information (Details)	Mar. 31, 2015	Dec. 31, 2014	Mar. 31, 2014
Debt Instrument [Line Items]
Debt instrument interest rate	6.75%
6.75% Unsecured Notes Due 2019
Debt Instrument [Line Items]
Debt instrument interest rate	6.75%	6.75%	6.75%

Supplemental_Guarantor_Informa3

Supplemental Guarantor Information - Condensed Consolidating Balance Sheet (Details) (USD $)	Mar. 31, 2015	Dec. 31, 2014	Mar. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified	Mar. 31, 2015	Dec. 31, 2014	Mar. 31, 2014	Dec. 31, 2013
Current assets:
Cash and cash equivalents	$39,791	$53,818	$97,319	$175,872
Receivables, net of allowances	121,004	107,432
Inventories of products	279,438	326,992
Inventories of materials and supplies	10,782	10,968
Deferred income taxes	7,487	7,247
Other current assets	22,406	24,521
Total current assets	480,908	530,978
Property, plant and equipment, less accumulated depreciation	455,644	451,765
Intangible assets, less accumulated amortization	48,518	49,610
Investment in consolidated subsidiaries	0	0
Investment in unconsolidated joint venture	11,235	12,648
Debt issuance costs	6,473	7,153
Deferred income taxes	2,142	2,176
Other long-term assets	26,532	28,122
Total assets	1,031,452	1,082,452
Current liabilities:
Current portion of long-term debt	135	87
Accounts payable-trade	51,210	72,786
Other payables and accruals	41,169	50,888
Deferred income taxes	1,431	1,633
Due to related party	15,573	18,121
Total current liabilities	109,518	143,515
Long-term debt, net of current portion	392,517	351,785
Deferred income taxes	11,853	15,262
Other long-term liabilities	102,499	103,739
Total liabilities	616,387	614,301
Commitments and contingencies (note 10)
Stockholders' and member's equity:
Preferred stock, $0.01 par value; 100,000 shares authorized; none issued	0	0
Common stock, $0.01 par value; 500,000 shares authorized	314	318
Additional paid in capital	354,644	361,342
Member's equity	0	0
Retained earnings	154,648	168,041
Accumulated other comprehensive loss	-132,302	-99,218
Kraton stockholders' and member's equity	377,304	430,483
Noncontrolling interest	37,761	37,668
Total stockholders' and member's equity	415,065	468,151	551,142	554,398
Total liabilities and stockholders' and member's equity	1,031,452	1,082,452
Eliminations
Current assets:
Cash and cash equivalents	0	0	0	0
Receivables, net of allowances	0	0
Inventories of products	0	0
Inventories of materials and supplies	0	0
Deferred income taxes	0	0
Other current assets	0	0
Total current assets	0	0
Property, plant and equipment, less accumulated depreciation	0	0
Intangible assets, less accumulated amortization	0	0
Investment in consolidated subsidiaries	-1,893,708	-1,912,285
Investment in unconsolidated joint venture	0	0
Debt issuance costs	0	0
Deferred income taxes	0	0
Other long-term assets	-702,973	-655,623
Total assets	-2,596,681	-2,567,908
Current liabilities:
Current portion of long-term debt	0	0
Accounts payable-trade	0	0
Other payables and accruals	0	0
Deferred income taxes	0	0
Due to related party	0	0
Total current liabilities	0	0
Long-term debt, net of current portion	0	0
Deferred income taxes	0	0
Other long-term liabilities	-702,973	-655,623
Total liabilities	-702,973	-655,623
Commitments and contingencies (note 10)
Stockholders' and member's equity:
Preferred stock, $0.01 par value; 100,000 shares authorized; none issued	0	0
Common stock, $0.01 par value; 500,000 shares authorized	0	0
Additional paid in capital	0	0
Member's equity	-1,893,708	-1,912,285
Retained earnings	0	0
Accumulated other comprehensive loss	0	0
Kraton stockholders' and member's equity	-1,893,708	-1,912,285
Noncontrolling interest	0	0
Total stockholders' and member's equity	-1,893,708	-1,912,285
Total liabilities and stockholders' and member's equity	-2,596,681	-2,567,908
Kraton
Current assets:
Cash and cash equivalents	0	0	0	0
Receivables, net of allowances	0	0
Inventories of products	0	0
Inventories of materials and supplies	0	0
Deferred income taxes	0	0
Other current assets	0	0
Total current assets	0	0
Property, plant and equipment, less accumulated depreciation	0	0
Intangible assets, less accumulated amortization	0	0
Investment in consolidated subsidiaries	509,606	529,701
Investment in unconsolidated joint venture	0	0
Debt issuance costs	0	0
Deferred income taxes	0	0
Other long-term assets	0	0
Total assets	509,606	529,701
Current liabilities:
Current portion of long-term debt	0	0
Accounts payable-trade	0	0
Other payables and accruals	0	0
Deferred income taxes	0	0
Due to related party	0	0
Total current liabilities	0	0
Long-term debt, net of current portion	0	0
Deferred income taxes	0	0
Other long-term liabilities	0	0
Total liabilities	0	0
Commitments and contingencies (note 10)
Stockholders' and member's equity:
Preferred stock, $0.01 par value; 100,000 shares authorized; none issued	0	0
Common stock, $0.01 par value; 500,000 shares authorized	314	318
Additional paid in capital	354,644	361,342
Member's equity	0	0
Retained earnings	154,648	168,041
Accumulated other comprehensive loss	0	0
Kraton stockholders' and member's equity	509,606	529,701
Noncontrolling interest	0	0
Total stockholders' and member's equity	509,606	529,701
Total liabilities and stockholders' and member's equity	509,606	529,701
Kraton Polymers LLC
Current assets:
Cash and cash equivalents	271	646	6	0
Receivables, net of allowances	139	553
Inventories of products	200	35
Inventories of materials and supplies	0	0
Deferred income taxes	3,566	0
Other current assets	4,634	5,317
Total current assets	8,810	6,551
Property, plant and equipment, less accumulated depreciation	43,460	46,081
Intangible assets, less accumulated amortization	44,228	45,356
Investment in consolidated subsidiaries	1,384,102	1,382,584
Investment in unconsolidated joint venture	813	813
Debt issuance costs	4,330	4,674
Deferred income taxes	411	428
Other long-term assets	12,068	6,384
Total assets	1,498,222	1,492,871
Current liabilities:
Current portion of long-term debt	0	0
Accounts payable-trade	496	637
Other payables and accruals	13,403	21,913
Deferred income taxes	0	0
Due to related party	0	0
Total current liabilities	13,899	22,550
Long-term debt, net of current portion	350,783	350,825
Deferred income taxes	11,670	8,443
Other long-term liabilities	613,364	582,462
Total liabilities	989,716	964,280
Commitments and contingencies (note 10)
Stockholders' and member's equity:
Preferred stock, $0.01 par value; 100,000 shares authorized; none issued	0	0
Common stock, $0.01 par value; 500,000 shares authorized	0	0
Additional paid in capital	0	0
Member's equity	509,606	529,701
Retained earnings	0	0
Accumulated other comprehensive loss	-1,100	-1,110
Kraton stockholders' and member's equity	508,506	528,591
Noncontrolling interest	0	0
Total stockholders' and member's equity	508,506	528,591
Total liabilities and stockholders' and member's equity	1,498,222	1,492,871
Guarantor Subsidiaries
Current assets:
Cash and cash equivalents	2,216	5,881	936	11,792
Receivables, net of allowances	48,478	37,266
Inventories of products	176,403	201,146
Inventories of materials and supplies	9,202	9,092
Deferred income taxes	0	3,566
Other current assets	916	931
Total current assets	237,215	257,882
Property, plant and equipment, less accumulated depreciation	250,747	248,220
Intangible assets, less accumulated amortization	2,885	4,000
Investment in consolidated subsidiaries	0	0
Investment in unconsolidated joint venture	0	0
Debt issuance costs	1,153	1,297
Deferred income taxes	0	0
Other long-term assets	625,386	591,841
Total assets	1,117,386	1,103,240
Current liabilities:
Current portion of long-term debt	135	87
Accounts payable-trade	23,712	30,332
Other payables and accruals	14,278	14,017
Deferred income taxes	0	0
Due to related party	0	0
Total current liabilities	38,125	44,436
Long-term debt, net of current portion	21,599	960
Deferred income taxes	0	3,566
Other long-term liabilities	95,316	93,191
Total liabilities	155,040	142,153
Commitments and contingencies (note 10)
Stockholders' and member's equity:
Preferred stock, $0.01 par value; 100,000 shares authorized; none issued	0	0
Common stock, $0.01 par value; 500,000 shares authorized	0	0
Additional paid in capital	0	0
Member's equity	1,031,553	1,030,294
Retained earnings	0	0
Accumulated other comprehensive loss	-69,207	-69,207
Kraton stockholders' and member's equity	962,346	961,087
Noncontrolling interest	0	0
Total stockholders' and member's equity	962,346	961,087
Total liabilities and stockholders' and member's equity	1,117,386	1,103,240
Non-Guarantor Subsidiaries
Current assets:
Cash and cash equivalents	37,304	47,291	96,377	164,080
Receivables, net of allowances	72,387	69,613
Inventories of products	102,835	125,811
Inventories of materials and supplies	1,580	1,876
Deferred income taxes	3,921	3,681
Other current assets	16,856	18,273
Total current assets	234,883	266,545
Property, plant and equipment, less accumulated depreciation	161,437	157,464
Intangible assets, less accumulated amortization	1,405	254
Investment in consolidated subsidiaries	0	0
Investment in unconsolidated joint venture	10,422	11,835
Debt issuance costs	990	1,182
Deferred income taxes	1,731	1,748
Other long-term assets	92,051	85,520
Total assets	502,919	524,548
Current liabilities:
Current portion of long-term debt	0	0
Accounts payable-trade	27,002	41,817
Other payables and accruals	13,488	14,958
Deferred income taxes	1,431	1,633
Due to related party	15,573	18,121
Total current liabilities	57,494	76,529
Long-term debt, net of current portion	20,135	0
Deferred income taxes	183	3,253
Other long-term liabilities	96,792	83,709
Total liabilities	174,604	163,491
Commitments and contingencies (note 10)
Stockholders' and member's equity:
Preferred stock, $0.01 par value; 100,000 shares authorized; none issued	0	0
Common stock, $0.01 par value; 500,000 shares authorized	0	0
Additional paid in capital	0	0
Member's equity	352,549	352,290
Retained earnings	0	0
Accumulated other comprehensive loss	-61,995	-28,901
Kraton stockholders' and member's equity	290,554	323,389
Noncontrolling interest	37,761	37,668
Total stockholders' and member's equity	328,315	361,057
Total liabilities and stockholders' and member's equity	$502,919	$524,548

Supplemental_Guarantor_Informa4

Supplemental Guarantor Information - Condensed Consolidating Balance Sheet (Additional Information) (Details) (USD $)	Mar. 31, 2015	Dec. 31, 2014
Condensed Financial Information of Parent Company Only Disclosure [Abstract]
Preferred stock, par value	$0.01	$0.01
Preferred stock, shares authorized	100,000,000	100,000,000
Preferred stock, shares issued	0	0
Common stock, par value	$0.01	$0.01
Common stock, shares authorized	500,000,000	500,000,000

Supplemental_Guarantor_Informa5

Supplemental Guarantor Information - Condensed Consolidating Statement of Operations (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Condensed Income Statements, Captions [Line Items]
Revenue	$261,429	$311,656
Cost of goods sold	214,868	254,583
Gross profit	46,561	57,073
Operating expenses:
Research and development	7,947	8,297
Selling, general and administrative	26,949	34,218
Depreciation and amortization	15,296	16,409
Total operating expenses	50,192	58,924
Earnings (loss) in consolidated subsidiaries	0	0
Earnings of unconsolidated joint venture	76	117
Interest expense (income), net	6,120	6,338
Income (loss) before income taxes	-9,675	-8,072
Income tax expense (benefit)	66	122
Consolidated net income (loss)	-9,741	-8,194
Net loss attributable to noncontrolling interest	-285	-285
Net income (loss) attributable to Kraton	-9,456	-7,909
Eliminations
Condensed Income Statements, Captions [Line Items]
Revenue	-42,262	-36,374
Cost of goods sold	-42,262	-36,374
Gross profit	0	0
Operating expenses:
Research and development	0	0
Selling, general and administrative	0	0
Depreciation and amortization	0	0
Total operating expenses	0	0
Earnings (loss) in consolidated subsidiaries	8,508	-10,991
Earnings of unconsolidated joint venture	0	0
Interest expense (income), net	0	0
Income (loss) before income taxes	8,508	-10,991
Income tax expense (benefit)	0	0
Consolidated net income (loss)	8,508	-10,991
Net loss attributable to noncontrolling interest	0	0
Net income (loss) attributable to Kraton	8,508	-10,991
Kraton
Condensed Income Statements, Captions [Line Items]
Revenue	0	0
Cost of goods sold	0	0
Gross profit	0	0
Operating expenses:
Research and development	0	0
Selling, general and administrative	0	0
Depreciation and amortization	0	0
Total operating expenses	0	0
Earnings (loss) in consolidated subsidiaries	-9,741	-8,194
Earnings of unconsolidated joint venture	0	0
Interest expense (income), net	0	0
Income (loss) before income taxes	-9,741	-8,194
Income tax expense (benefit)	0	0
Consolidated net income (loss)	-9,741	-8,194
Net loss attributable to noncontrolling interest	0	0
Net income (loss) attributable to Kraton	-9,741	-8,194
Kraton Polymers LLC
Condensed Income Statements, Captions [Line Items]
Revenue	0	0
Cost of goods sold	5,565	-15,114
Gross profit	-5,565	15,114
Operating expenses:
Research and development	-651	4,499
Selling, general and administrative	-6,085	26,696
Depreciation and amortization	5,638	5,537
Total operating expenses	-1,098	36,732
Earnings (loss) in consolidated subsidiaries	1,233	19,185
Earnings of unconsolidated joint venture	0	0
Interest expense (income), net	6,261	6,255
Income (loss) before income taxes	-9,495	-8,688
Income tax expense (benefit)	246	-494
Consolidated net income (loss)	-9,741	-8,194
Net loss attributable to noncontrolling interest	0	0
Net income (loss) attributable to Kraton	-9,741	-8,194
Guarantor Subsidiaries
Condensed Income Statements, Captions [Line Items]
Revenue	144,486	156,838
Cost of goods sold	116,920	127,201
Gross profit	27,566	29,637
Operating expenses:
Research and development	902	454
Selling, general and administrative	14,218	88
Depreciation and amortization	6,901	7,171
Total operating expenses	22,021	7,713
Earnings (loss) in consolidated subsidiaries	0	0
Earnings of unconsolidated joint venture	0	0
Interest expense (income), net	-131	125
Income (loss) before income taxes	5,676	21,799
Income tax expense (benefit)	-537	3
Consolidated net income (loss)	6,213	21,796
Net loss attributable to noncontrolling interest	0	0
Net income (loss) attributable to Kraton	6,213	21,796
Non-Guarantor Subsidiaries
Condensed Income Statements, Captions [Line Items]
Revenue	159,205	191,192
Cost of goods sold	134,645	178,870
Gross profit	24,560	12,322
Operating expenses:
Research and development	7,696	3,344
Selling, general and administrative	18,816	7,434
Depreciation and amortization	2,757	3,701
Total operating expenses	29,269	14,479
Earnings (loss) in consolidated subsidiaries	0	0
Earnings of unconsolidated joint venture	76	117
Interest expense (income), net	-10	-42
Income (loss) before income taxes	-4,623	-1,998
Income tax expense (benefit)	357	613
Consolidated net income (loss)	-4,980	-2,611
Net loss attributable to noncontrolling interest	-285	-285
Net income (loss) attributable to Kraton	($4,695)	($2,326)

Supplemental_Guarantor_Informa6

Supplemental Guarantor Information - Condensed Consolidating Statement of Comprehensive Income (Loss) (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Condensed Statement of Income Captions [Line Items]
Net income (loss) attributable to Kraton	($9,456)	($7,909)
Other comprehensive income (loss):
Foreign currency translation adjustments, net of tax of $0	-33,084	1,799
Other comprehensive income (loss), net of tax	-33,084	1,799
Comprehensive income (loss) attributable to Kraton	-42,540	-6,110
Comprehensive income (loss) attributable to noncontrolling interest	93	-866
Consolidated comprehensive income (loss)	-42,447	-6,976
Eliminations
Condensed Statement of Income Captions [Line Items]
Net income (loss) attributable to Kraton	8,508	-10,991
Other comprehensive income (loss):
Foreign currency translation adjustments, net of tax of $0	0	0
Other comprehensive income (loss), net of tax	0	0
Comprehensive income (loss) attributable to Kraton	8,508	-10,991
Comprehensive income (loss) attributable to noncontrolling interest	0	0
Consolidated comprehensive income (loss)	8,508	-10,991
Kraton
Condensed Statement of Income Captions [Line Items]
Net income (loss) attributable to Kraton	-9,741	-8,194
Other comprehensive income (loss):
Foreign currency translation adjustments, net of tax of $0	0	0
Other comprehensive income (loss), net of tax	0	0
Comprehensive income (loss) attributable to Kraton	-9,741	-8,194
Comprehensive income (loss) attributable to noncontrolling interest	0	0
Consolidated comprehensive income (loss)	-9,741	-8,194
Kraton Polymers LLC
Condensed Statement of Income Captions [Line Items]
Net income (loss) attributable to Kraton	-9,741	-8,194
Other comprehensive income (loss):
Foreign currency translation adjustments, net of tax of $0	10	-274
Other comprehensive income (loss), net of tax	10	-274
Comprehensive income (loss) attributable to Kraton	-9,731	-8,468
Comprehensive income (loss) attributable to noncontrolling interest	0	0
Consolidated comprehensive income (loss)	-9,731	-8,468
Guarantor Subsidiaries
Condensed Statement of Income Captions [Line Items]
Net income (loss) attributable to Kraton	6,213	21,796
Other comprehensive income (loss):
Foreign currency translation adjustments, net of tax of $0	0	0
Other comprehensive income (loss), net of tax	0	0
Comprehensive income (loss) attributable to Kraton	6,213	21,796
Comprehensive income (loss) attributable to noncontrolling interest	0	0
Consolidated comprehensive income (loss)	6,213	21,796
Non-Guarantor Subsidiaries
Condensed Statement of Income Captions [Line Items]
Net income (loss) attributable to Kraton	-4,695	-2,326
Other comprehensive income (loss):
Foreign currency translation adjustments, net of tax of $0	-33,094	2,073
Other comprehensive income (loss), net of tax	-33,094	2,073
Comprehensive income (loss) attributable to Kraton	-37,789	-253
Comprehensive income (loss) attributable to noncontrolling interest	93	-866
Consolidated comprehensive income (loss)	($37,696)	($1,119)

Supplemental_Guarantor_Informa7

Supplemental Guarantor Information - Condensed Consolidating Statement of Comprehensive Income (Loss) (Additional Information) (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Condensed Financial Information of Parent Company Only Disclosure [Abstract]
Foreign currency translation adjustments, tax effect	$0	$0

Supplemental_Guarantor_Informa8

Supplemental Guarantor Information - Condensed Consolidating Statement of Cash Flows (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Condensed Cash Flow Statements, Captions [Line Items]
Cash flows provided by (used in) investing activities:	($6,497)	($53,587)
Cash flows provided by (used in) investing activities:
Proceeds from intercompany loans	0	0
Kraton purchase of property, plant and equipment	-14,725	-15,205
KFPC purchase of property, plant and equipment	-15,968	-4,980
Purchase of software and other intangibles	-541	-1,062
Net cash provided by (used in) investing activities	-31,234	-21,247
Cash flows provided by (used in) financing activities:
Proceeds from debt	25,000	0
Repayments of debt	-5,000	0
KFPC proceeds from debt	19,977	0
Capital lease payments	-32	-3,011
Purchase of treasury stock	-13,429	-429
Cash contributions from member	0	0
Cash distributions to member	0	0
Proceeds from the exercise of stock options	181	535
Payments on intercompany loans	0	0
Net cash provided by (used in) financing activities	26,697	-2,905
Effect of exchange rate differences on cash	-2,993	-814
Net increase (decrease) in cash and cash equivalents	-14,027	-78,553
Cash and cash equivalents, beginning of period	53,818	175,872
Cash and cash equivalents, end of period	39,791	97,319
Eliminations
Condensed Cash Flow Statements, Captions [Line Items]
Cash flows provided by (used in) investing activities:	0	0
Cash flows provided by (used in) investing activities:
Proceeds from intercompany loans	20,275	-3,100
Kraton purchase of property, plant and equipment	0	0
KFPC purchase of property, plant and equipment	0	0
Purchase of software and other intangibles	0	0
Net cash provided by (used in) investing activities	20,275	-3,100
Cash flows provided by (used in) financing activities:
Proceeds from debt	0
Repayments of debt	0
KFPC proceeds from debt	0
Capital lease payments	0	0
Purchase of treasury stock	0	0
Cash contributions from member	13,429	429
Cash distributions to member	-13,429	-429
Proceeds from the exercise of stock options	0	0
Payments on intercompany loans	-20,275	3,100
Net cash provided by (used in) financing activities	-20,275	3,100
Effect of exchange rate differences on cash	0	0
Net increase (decrease) in cash and cash equivalents	0	0
Cash and cash equivalents, beginning of period	0	0
Cash and cash equivalents, end of period	0	0
Kraton
Condensed Cash Flow Statements, Captions [Line Items]
Cash flows provided by (used in) investing activities:	0	0
Cash flows provided by (used in) investing activities:
Proceeds from intercompany loans	0	0
Kraton purchase of property, plant and equipment	0	0
KFPC purchase of property, plant and equipment	0	0
Purchase of software and other intangibles	0	0
Net cash provided by (used in) investing activities	0	0
Cash flows provided by (used in) financing activities:
Proceeds from debt	0
Repayments of debt	0
KFPC proceeds from debt	0
Capital lease payments	0	0
Purchase of treasury stock	-13,429	-429
Cash contributions from member	0	0
Cash distributions to member	13,248	-106
Proceeds from the exercise of stock options	181	535
Payments on intercompany loans	0	0
Net cash provided by (used in) financing activities	0	0
Effect of exchange rate differences on cash	0	0
Net increase (decrease) in cash and cash equivalents	0	0
Cash and cash equivalents, beginning of period	0	0
Cash and cash equivalents, end of period	0	0
Kraton Polymers LLC
Condensed Cash Flow Statements, Captions [Line Items]
Cash flows provided by (used in) investing activities:	33,990	-2,567
Cash flows provided by (used in) investing activities:
Proceeds from intercompany loans	-20,275	3,100
Kraton purchase of property, plant and equipment	-342	0
KFPC purchase of property, plant and equipment	0	0
Purchase of software and other intangibles	-500	-1,062
Net cash provided by (used in) investing activities	-21,117	2,038
Cash flows provided by (used in) financing activities:
Proceeds from debt	0
Repayments of debt	0
KFPC proceeds from debt	0
Capital lease payments	0	0
Purchase of treasury stock	0	0
Cash contributions from member	-13,429	0
Cash distributions to member	181	535
Proceeds from the exercise of stock options	0	0
Payments on intercompany loans	0	0
Net cash provided by (used in) financing activities	-13,248	535
Effect of exchange rate differences on cash	0	0
Net increase (decrease) in cash and cash equivalents	-375	6
Cash and cash equivalents, beginning of period	646	0
Cash and cash equivalents, end of period	271	6
Guarantor Subsidiaries
Condensed Cash Flow Statements, Captions [Line Items]
Cash flows provided by (used in) investing activities:	-33,210	7,997
Cash flows provided by (used in) investing activities:
Proceeds from intercompany loans	0	0
Kraton purchase of property, plant and equipment	-10,657	-12,313
KFPC purchase of property, plant and equipment	0	0
Purchase of software and other intangibles	-41	0
Net cash provided by (used in) investing activities	-10,698	-12,313
Cash flows provided by (used in) financing activities:
Proceeds from debt	25,000
Repayments of debt	-5,000
KFPC proceeds from debt	0
Capital lease payments	-32	-3,011
Purchase of treasury stock	0	0
Cash contributions from member	0	-429
Cash distributions to member	0	0
Proceeds from the exercise of stock options	0	0
Payments on intercompany loans	20,275	-3,100
Net cash provided by (used in) financing activities	40,243	-6,540
Effect of exchange rate differences on cash	0	0
Net increase (decrease) in cash and cash equivalents	-3,665	-10,856
Cash and cash equivalents, beginning of period	5,881	11,792
Cash and cash equivalents, end of period	2,216	936
Non-Guarantor Subsidiaries
Condensed Cash Flow Statements, Captions [Line Items]
Cash flows provided by (used in) investing activities:	-7,277	-59,017
Cash flows provided by (used in) investing activities:
Proceeds from intercompany loans	0	0
Kraton purchase of property, plant and equipment	-3,726	-2,892
KFPC purchase of property, plant and equipment	-15,968	-4,980
Purchase of software and other intangibles	0	0
Net cash provided by (used in) investing activities	-19,694	-7,872
Cash flows provided by (used in) financing activities:
Proceeds from debt	0
Repayments of debt	0
KFPC proceeds from debt	19,977
Capital lease payments	0	0
Purchase of treasury stock	0	0
Cash contributions from member	0	0
Cash distributions to member	0	0
Proceeds from the exercise of stock options	0	0
Payments on intercompany loans	0	0
Net cash provided by (used in) financing activities	19,977	0
Effect of exchange rate differences on cash	-2,993	-814
Net increase (decrease) in cash and cash equivalents	-9,987	-67,703
Cash and cash equivalents, beginning of period	47,291	164,080
Cash and cash equivalents, end of period	$37,304	$96,377