Arkema announces the acquisition by Bostik of CMP Specialty Products, the flooring and floor preparation business of US based specialist CGM. This business, which generated U$15 million sales in 2016, offers strong synergies with Bostik. This acquisition fits perfectly with Bostik's strategy to expand in the growing US construction market and to offer its customers a complete range of innovative solutions for the flooring market. This acquisition is also fully part of the Group strategy to accelerate its growth in specialty adhesives with bolt-on acquisitions.
Arkema has just successfully brought on stream new Kynar® PVDF capacities on its Changshu platform near Shanghai. With this 25% increase in its production capacities in China, Arkema, which runs PVDF production plants on 3 continents (Europe, North America and Asia), has consolidated its world leading position in PVDF.
Arkema recently doubled the capacity of their Kepstan® PEKK (Poly-Ether-Ketone-Ketone) product line in France and confirms its future investment at its Mobile site (Alabama, United States) in a world-scale PEKK plant expected to come on stream in the second half of 2018.
Arkema is investing US$90 million on its Clear Lake Texas site to replace existing acrylic acid production units with modern facilities using the latest available technologies. Thus Arkema will position the Clear Lake site among the most competitive in North America while meeting growing demand in the region.
Arkema completed the acquisition of Den Braven, a leader in high performance sealants for insulation and construction in Europe, on 1st December. With this strong value-creating acquisition, Arkema confirms its long-term ambition for Bostik, and actively pursues the development of its High Performance Materials division.
Two new MAH-grafted grades, Orevac® IM300N resin and Orevac® IM800 resin, enable processors to customize and tailor key properties in polyamide compounds, including fluidity in processing, impact resistance, and mechanical strength. These new grades have been designed to complete Arkema’s range of impact modifers. In addition, these PA modifiers are produced in the USA to better serve the North American market.
Arkema announces a 25% Kynar® PVDF capacity increase on its Changshu platform near Shanghai. This project will help meet the strong demand, in particular in new energies and water treatment applications. This investment will support the Group’s ambition in Technical Polymers, and is part of its strategy to speed up the growth of its High Performance Materials division.
Arkema announced today plans to construct a new leading class polyester powder resin manufacturing facility, the first of its kind in India, on its existing resin platform in Navi Mumbai, Maharashtra. The project, which represents an investment of approximately $US 15M and is targeted for completion in 2018, includes a new manufacturing unit and a dedicated new laboratory to provide both application development and technical support. The new facility will support customers in the fast growing powder coating market.
To support its customers’ growth around the world, in particular in the sports, consumer electronics and automotive markets, Arkema continues to expand its specialty polyamides production capacities in China and the United States.
Arkema Inc.’s Fluorochemicals Group congratulates Dr. Robert (Bob) Syvret on being named an American Chemistry Society Fellow in the 2016 Class. The American Chemical Society (ACS) Fellows Program was created by the ACS Board of Directors in December 2008 to recognize members of ACS for outstanding achievements in and contributions to science, the profession, and the Society. Bob Syvret was one of only 57 members to be recognized for outstanding contributions to the science and profession and service to the ACS community.
To promote an environment of continuous innovation, Sartomer Americas, a business unit of Arkema Inc., has opened a new center named the Discovery Hub. The facility, located in the company’s Exton, Pennsylvania office, will enhance collaboration with customers and enable stronger teamwork to address current and future chemical formulation challenges.