Prakash kolluri kraton polymers biography graphic organizer

Singapore – Three months after its acquisition by Daelim Industries, Cariflex PTE – a former polyisoprene latex business of Kraton Corp.

– has a new chief executive officer and is eying expansion.

Prakash Kolluri, formerly VP sales and marketing Asia Pacific, Kraton Polymers, has been named as the CEO to move Carliflex forward in its “future growth globally,” the company announced 17 July.

In addition, the company is now planning to construct a new large-scale polyisoprene latex plant at its Paulinia, Brazil facility to meet the strong market demand from medical and consumer product customers. 

The $50-million (€44-million) capital project was approved by the board of directors in April and the plant is expected to be operational in the first quarter of 2021, Cariflex said.

The new production line will replicate the existing technology at the plant and will double the polyisoprene latex capacity of the site.

“Carifl