Bostik, the Specialty Adhesives business line of Arkema, continues to expand its manufacturing capacities with the opening of a new facility in Gujarat. Together with its existing plant in Bangalore, the new plant will serve the fast growing demand in India for adhesives in industrial markets.
Marc Schuller is appointed President of the EPCA (European Petrochemical Association) as of October 4, 2017 and for a period of 3 years. Previously Vice President of EPCA, he will succeed Tom Crotty, President of the EPCA since 2014 and Director of the INEOS Group.
Our innovations deserved a dedicated space, an innovative and cutting-edge space to help us understand and experiment with Arkema’s chemistry! So here it is. On Thursday 21 September, Arkema inaugurated L'atelier 4.20 by Arkema in the presence of Thierry Le Hénaff, Chairman and Chief Executive Officer.
Arkema will increase fluoropolymer (Kynar® PVDF) capacity at its Calvert City plant in the United States by some 20%. The expansion is fueled by strong demand in the new energies and water management markets as well as in more traditional applications (chemical process industry and high performance cables). In line with the strategy presented at its recent Capital Markets Day, this investment, scheduled to start mid-2018, further supports Arkema’s ambition to accelerate the development of its advanced materials, one of the key pillars of its future growth.
In the wake of the recent flooding in Texas and more specifically on the Crosby site, Arkema reflects on those events. Arkema reaffirms its solidarity with the local community affected by Hurricane Harvey.
At the Arkema Inc. site in Crosby, Texas, there is clear visual evidence that the chemicals in the trailers are degrading but they have failed to ignite completely. We are concerned that, without ignition, we can’t determine if the hazard has been fully eliminated.
Around 5:05 p.m. (CDT), representatives of the Harris County Emergency Operation Center observed multiple dark plumes of smoke coming from the Arkema Inc. plant in Crosby, Texas. Shortly thereafter, fire was observed at the plant.
At approximately 2 a.m. CDT, we were notified by the Harris County Emergency Operations Center (EOC) of two explosions and black smoke coming from the Arkema Inc. plant in Crosby, Texas. Local officials had previously established an evacuation zone in an area 1.5 miles from our plant, based on their assessment of the situation.
Arkema today announces a project to double its methyl mercaptan production capacity at its Kerteh site in Malaysia to support the strong growth of the animal feed, petrochemical and refining markets in Asia and to strengthen its world leading position in high value added sulfur derivatives.
Presenting its long-term growth strategy at its Capital Markets Day on 11 July, Arkema affirms its determination to speed up its development in specialties, which should account for more than 80% of the Group’s sales by 2023. Confident to achieve its 1.3 billion euro EBITDA target in 2017 and in line with its objectives set out for 2020, Arkema announces ambitious financial objectives for 2023 supported by the announcement of several major investment projects in Asia, its innovation drive to address main societal challenges, and its bolt-on acquisition strategy in adhesives.
Arkema, the main sponsor of the Sail for Water NGO, today celebrates the safe return of the crew and the positive outcome of this human and humanitarian adventure. Arkema is committed to universal access to drinking water, and so develops innovative solutions for more efficient and effective filters, which the mission undertaken by the Sail for Water NGO was indeed able to put to the test and validate.
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 Inc. will present recommended guidelines for estimating the color fade of PVDF-based topcoats for “bright color” architectural restoration and protective coating applications at the SSPC 2017 Conference in Tampa, Florida.
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.