Kraton Performance Polymers

www.kraton.com
Unclaimed Profile
Add Review

Kraton Performance Polymers Reviews

Updated June 13, 2015
7 reviews filtered by
  • Any Location
  • Any Job Title
  • Any Status
Employment Status

Reset
2.8
Rating Trends
Recommend to a friend
Approve of CEO
Kraton Performance Polymers President, CEO, and Director Kevin M. Fogarty
Kevin M. Fogarty
3 Ratings

7 Employee Reviews

Sort: Popular Rating Date
  1. Helpful (2)

    The Little Engine that Could

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Kraton Performance Polymers full-time

    Neutral Outlook
    Neutral Outlook

    Pros

    Niche company in the specialty chemicals space with a solid product. Flat organization so you would interact with the C-level individuals at the company.

    Cons

    Current upper management made some questionable M&A decisions. Sales isn't hitting their targets so while they still get commissions on sales, the rest of the company suffers as there's no money for bonuses. When hired, you're given a target bonus structure but you have to be rated an overachiever to be considered for that level.

    Advice to Management

    Transparency and humility. Be honest in communications to employees. Articulate a strategy and demonstrate how you're achieving results with the strategy as time passes. Offer stock options. You are a small company that cannot retain talent. You need to offer that extra something to entice good people to stay.


  2. Helpful (1)

    Cliquish

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Kraton Performance Polymers full-time

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    Small company environment, you can learn quite a bit if your manager takes the time for training. The IT group was great, very supportive.

    Cons

    Senior management could be more in touch with what employees actually do and pay attention to how many hours some put in compared with others in similar roles.

    Advice to Management

    Make bonus policy more fair to lower level employees. Not every employee should have to get the same rating.


  3. Helpful (1)

    Good old boys club

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Kraton Performance Polymers

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    They paid me is the best I can say.

    Cons

    Incompetent leadership; critical strategic mistakes based on inward focus.


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. Helpful (2)

    A Formerly Great Company with Some Middle Management Issues

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Research Scientist in Houston, TX
    Former Employee - Senior Research Scientist in Houston, TX

    I worked at Kraton Performance Polymers full-time (More than 3 years)

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    Kraton is a world wide company and there is a good chance that any project you work on with have an international flavor to it.

    The 401K match and automatic 3% Kraton contribution are very competitive in the polymers industry.

    Their relocation package is very good. They are one of the few companies in the polymers industry that still offers a housing buy out option. When I moved down to Houston I took advantage of this and it took a lot of the stress out of relocation.

    Cons

    There is a lot of stress and abuse that is currently rolling downhill from upper management. The upper management (KLT, Kraton Leadership Team) has made some poor choices in approving research projects and not giving due diligence to make sure that the projects are feasible or that timelines are reasonable. The overall business plan seems to change every 6 months.

    Kraton also made a conscious effort to become a custom compounder. They did this to capture more of the margins that were currently going to the compounders that would by the raw polymer from Kraton. This, in and of itself, is not a bad business plan. The problem comes in that no one in sales and marketing has experience selling compounds. Also, the R&D side was not structured to handle the number of custom formulations that the market would need. This added to a lot of the stress within Kraton.

    There is a serious middle management problem at the Houston R&D facility. There are three technical managers that report in to the VP of R&D. One of them is exceptional, and his people would move heaven and earth for him. Unfortunately the other two are not as exceptional. One is very aloof and hands off, while the other has morphed into the classic micromanager with and inferiority complex.

    The R&D staff that has been there for over 8 years is going to stay. They have too much invested to leave. The employees that have 5 years or less invested in the company are very unhappy, very talented, and very mobile.

    At the Houston R&D center there is no sense of a team. There are small cliques and a lot of passive aggressive infighting. It is not a healthy environment.

    Advice to Management

    Management needs to take an honest look at what they want the business to be. Kraton is very good at making polymers and they have had success in marketing them. Management really needs to take a hard look at the downstream products they hope to market. They have had a very hard time finding the necessary partners to bring these constructions to market. If management wants Kraton to have a more diversified product offering they need to fully support all the projects that are not just raw polymer related, instead of treating them like pet side projects. There really needs to be a management shake-up at the Houston R&D facility. The toxic environment there is driving away good, talented people.


  6. Helpful (1)

    Friendly work atmosphere, subject to oil cycles

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - SAP Consultant in Houston, TX
    Former Employee - SAP Consultant in Houston, TX

    I worked at Kraton Performance Polymers full-time (More than a year)

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Generally open atmosphere; senior management is great, forward-looking; diverse culture - ability to work in multiple countries

    Cons

    Dependent on output of big oil, subject to oil price cycles - you may do a great job but oil prices could cause problems. Some departments work in silos

    Advice to Management

    Some departments work in silos


  7. Helpful (1)

    IT Intern

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - IT Intern
    Current Employee - IT Intern

    I have been working at Kraton Performance Polymers part-time

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Great managers, lots of opportunities to gain experience, overall great place to work!

    Cons

    I have no cons to note!


  8. Helpful (1)

    Good place to work with great benefits and work-life flexibility

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Kraton Performance Polymers

    Recommends
    No opinion of CEO
    Recommends
    No opinion of CEO

    Pros

    Salary is great for the area
    Benefits are better than most

    Cons

    Forced ranking when it's time for bonus reviews placing some employees under the bar when their performance isn't necessarily under the bar.



Showing 7 of 7 reviews
Reset Filters
RSS Feed </> Embed

Your response will be removed from the review – this cannot be undone.