-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 JRKoK64sGTV1ELpUMpSuAjyDyeMg1rZFz8B3uEDcFn9yWR/kNY7fIvpx0jwtVa7m
 AKs6pgcfHJHFIC2oqnPB3Q==

<SEC-DOCUMENT>0001144204-10-052726.txt : 20101006
<SEC-HEADER>0001144204-10-052726.hdr.sgml : 20101006
<ACCEPTANCE-DATETIME>20101006172812
ACCESSION NUMBER:		0001144204-10-052726
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20101004
FILED AS OF DATE:		20101006
DATE AS OF CHANGE:		20101006

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			WALSH TIMOTHY J.
		CENTRAL INDEX KEY:			0001108220

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-34581
		FILM NUMBER:		101112435

	MAIL ADDRESS:	
		STREET 1:		JP MORGAN PARTNERS, LLC
		STREET 2:		1221 AVENUE OF THE AMERICAS-40TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10020

	FORMER NAME:	
		FORMER CONFORMED NAME:	WALSH TIMOTHY
		DATE OF NAME CHANGE:	20000301

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Kraton Performance Polymers, Inc.
		CENTRAL INDEX KEY:			0001321646
		STANDARD INDUSTRIAL CLASSIFICATION:	PLASTICS, MATERIALS, SYNTH RESINS & NONVULCAN ELASTOMERS [2821]
		IRS NUMBER:				200411521
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		15710 JOHN F. KENNEDY BLVD.
		STREET 2:		SUITE 300
		CITY:			HOUSTON
		STATE:			TX
		ZIP:			77032
		BUSINESS PHONE:		800 457-2866

	MAIL ADDRESS:	
		STREET 1:		15710 JOHN F. KENNEDY BLVD.
		STREET 2:		SUITE 300
		CITY:			HOUSTON
		STATE:			TX
		ZIP:			77032

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Polymer Holdings LLC
		DATE OF NAME CHANGE:	20050324
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>v198326_ex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0303</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2010-10-04</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0001321646</issuerCik>
        <issuerName>Kraton Performance Polymers, Inc.</issuerName>
        <issuerTradingSymbol>KRA</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001108220</rptOwnerCik>
            <rptOwnerName>WALSH TIMOTHY J.</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O CCMP CAPITAL ADVISORS, LLC</rptOwnerStreet1>
            <rptOwnerStreet2>245 PARK AVENUE, 16TH FLOOR</rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10167</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2010-10-04</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>S</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>480000</value>
                    <footnoteId id="F1"/>
                </transactionShares>
                <transactionPricePerShare>
                    <value>25.3075</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>3998842</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See Footnotes</value>
                    <footnoteId id="F2"/>
                    <footnoteId id="F3"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">This represents a disposition of the Issuer's securities by (i) J.P. Morgan Partners (BHCA), L.P. (&quot;JPMP BHCA&quot;), (ii) J.P.
 Morgan Partners Global Investors, L.P. (&quot;J.P. Morgan Global&quot;), (iii) JPMP Global Fund/Kraton A, L.P. (&quot;JPMP Kraton A&quot;), (iv)
 J.P. Morgan Partners Global Investors (Cayman) L.P. (&quot;JPMP Cayman&quot;), (v) J.P. Morgan Partners Global Investors (Cayman) II,
 L.P. (&quot;JPMP Cayman II&quot;), (vi) JPMP Global Fund/Kraton, L.P. (&quot;JPMP Kraton&quot;), (vii) J.P. Morgan Partners Global Investors
 (Selldown), L.P. (&quot;JPMP Selldown&quot;), (viii) JPMP Global Fund/Kraton/Selldown, L.P., (&quot;JPMP Kraton Selldown&quot;), (ix) J.P.
 Morgan Partners Global Investors (Selldown) II, L.P. (&quot;JPMP Selldown II&quot;) and (x) JPMP Global Fund/Kraton/Selldown II L.P
 (&quot;JPMP Kraton Selldown II&quot;, and together with J.P. Morgan Global, JPMP Kraton A, JPMP Cayman, JPMP Cayman II, JPMP Kraton,
 JPMP Selldown, JPMP Kraton Selldown, and JPMP Selldown II,  the &quot;Global Funds&quot;).</footnote>
        <footnote id="F2">The amount shown represents the beneficial ownership of the Issuer's securities owned by JPMP BHCA and the Global Funds and
 includes 3,613 shares of common stock held by the Reporting Person.  The Reporting Person was granted $50,000 of common
 stock of Kraton Performance Polymers, Inc. in consideration of his service on the Board of Directors of the Issuer.  The
 price of the stock is based upon the average of the high and low prices of the common stock of Kraton Performance Polymers,
 Inc. as reported on the New York Stock Exchange on January 28, 2010.  Pursuant to contractual undertakings by the Reporting
 Person, the Reporting Person is holding these shares for the benefit of JPMP BHCA.</footnote>
        <footnote id="F3">The Reporting Person is a limited partner of JPMP Master Fund Manager, L.P. (&quot;JPMP MFM&quot;). JPMP MFM is the general partner of
 JPMP BHCA and a limited partner of JPMP Global Investors, L.P. (&quot;JPMP Global Investors&quot;), the general partner of the Global
 Funds. The actual pro rata portion of beneficial ownership of any shares of the Issuer that may be deemed attributable to
 the Reporting Person is not readily determinable because it is subject to several variables, including the internal rate of
 return and vesting of interests within JPMP BHCA, JPMP MFM, JPMP Global Investors and the Global Funds. Mr. Walsh disclaims
 beneficial ownership of the securities to the extent it exceeds his pecuniary interest therein.</footnote>
    </footnotes>

    <remarks>Elizabeth De Guzman is signing on behalf of Timothy J. Walsh pursuant to an authorization and designation letter dated
 December 9, 2009, which was previously filed with the Securities and Exchange Commission on December 16, 2009.</remarks>

    <ownerSignature>
        <signatureName>/s/ Elizabeth Guzman on behalf of Timothy J. Walsh</signatureName>
        <signatureDate>2010-10-05</signatureDate>
    </ownerSignature>
</ownershipDocument>
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</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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