Arkema has finalized the first stage of its acrylics assets acquisition project in Taixing, China, and now has access to a modern and competitive 160,000 t/year acrylic acid production capacity in Asia for the sum of US$ 240 million. This investment will enable the Group to serve its customers in China and in Asia in growing markets such as superabsorbents, paints, adhesives and water treatment.
Arkema, a chemicals world major, CEA, a research public body in energy and technological innovation, and Arjowiggins Creative Papers, the world leader in technical paper, have set up the first European initiative to promote collaborative innovation in the field of printed electronics.
In order to guarantee flawless bottles to bottle manufacturers, Arkema developed major technological innovations in protective coatings, combined with an audit and training service, and a product certification that is unique in the profession. This comprehensive approach, Certin™ Advance, helps bottle manufacturers considerably improve the service they supply to their customers in the beverage industry.
Arkema will be presenting this Certin™ Advance program at the upcoming Glasstec 2014 trade show (stand G03, Hall 13) in Düsseldorf from 21 to 24 October.
Chillventa, the leading trade fair in the refrigeration, air-conditioning, ventilation and heat pump markets in Europe, is being held in Nuremberg from 14 to 16 October 2014. Arkema will be showcasing its refrigerant substitutes designed to address the definitive ban on recycled R-22 and other HCFCs (2nd generation refrigerant gases) at the end of 2014. Arkema will also be presenting its refrigerant solutions to help users adapt to the latest F-Gas regulation.
Arkema’s stand will be located in Hall 1 (Stand 214).
Arkema offers a comprehensive portfolio of technical polymers : the Group is the only chemical company in the world to offer the three families of long chain polyamides (polyamide 10, 11 and 12) and also PVDF fluoropolymers, adapted to all plastics technologies; injection moulding, extrusion technology or thermoforming. At Fakuma 2014, Arkema will display its latest innovations, espacially oriented for demanding industrial and automotive applications.
Arkema will participate at the Composites Europe fair in Düsseldorf, from October 7th to 9th, and at the CAMX Expo in Orlando, Florida, from October 14th to 16th. Arkema will showcase its new range of Elium®, the first thermoplastic resins that can be processed on the same equipment as thermoset resins. Several RTM live demos will be performed with the Patriot Thermoplastic Innovator injection machine from Magnum Venus Products (MVP), to demonstrate the ease of processing of this new technology.
• Proposed acquisition of Bostik, number 3 worldwide in adhesives and part of Total’s specialty chemicals
• New milestone in Arkema’s transformation in line with the Group’s strategy
- Reinforcing Arkema’s profile with the integration of a low cyclical and low capital-intensive activity with sales of €1.53 billion
- Strategic priorities well aligned: innovation, expansion in emerging countries and operational excellence
• High value creating project
- Significant potential for improving Bostik’s operating margin
- Well identified synergies
- Cash flow accretive from first full year and EPS accretive from second year
- Execution facilitated thanks to common culture
• Offer made on basis of €1.74 billion enterprise value (11 times EBITDA)
• A fully secured funding
The intermediate products of Arkema are used in many processes in the chemical industry: solvents, diluents, thickeners, reagents, synthesis intermediates, acid scavengers, neutralizing agents and reaction initiators. Its range of hydrazine derivatives, amines, oxygenated solvents and other synthetic intermediates based on sulphur chemistry (e.g. methane sulfonic acid, thioacetic acid) or fluorinated chemistry are indispensable. They are used not only in pharmaceutical but also in cosmetic applications.
As part of a plan to improve the profitability of its fluorogas business, on September 9th Arkema presented to the Zaramillo plant’s personnel representative bodies a project for the closure of fluorogas productions at its Spanish site.
The European fluorogas industry has been severely impacted for several years by a competitiveness gap with China and the United States. Hence the Zaramillo site is faced with this European environment as well as structural problems, which have prompted this proposed closure of the fluorogas productions.
As part of its procurement policy for strategic raw materials, Arkema has reached an agreement for the supply of propylene with Enterprise Products Partners L.P., a leading United States midstream Energy Company.
• €1,520 million sales, 3.3% down on 2Q’13 at constant business scope and exchange rate
• €206 million EBITDA (2Q’13 at €273 million)
- Continuing challenging market conditions in fluorogases
- Following a good 1st quarter, temporary unfavourable factors in polyamides and lower volumes than expected in acrylics
- Solid performance in the other product lines
• Good resilience of EBITDA margin at 13.6% in this temporary more challenging environment
• Further cost optimization plan of €50 million over next three years
• €1,106 million net debt, slightly down on end of June 2013
Arkema announces the start-up of its new plant for the production of methyl acrylate, an acrylic acid derivative used in the manufacture of polymers for water treatment, elastomers and engineering polymers. This investment, on its Clear Lake site in Texas, represents the last phase of a $110 M investment plan intended to strengthen Arkema’s rankings in the US acrylics market.
The Wimbledon Tennis Tournament is in full swing with matches following on one after the other. After so many years, the facilities still stand in all their glory. Kynar 500®, Arkema's PVDF, plays a role in this, as it provides long-lasting protection for the roof of Court n°1.
Arkema’s Pebax® elastomer is an integral part of the latest evoPOWER football boot from the global sports brand Puma. This style of shoe stands out by its design and the shooting power it imparts, and so is being worn by many Puma-sponsored players at the 2014 FIFA World CupTM in Brazil!
Arkema expands its Evasin® EVOH (ethylene vinyl alcohol) copolymers product range with two new grades containing 44% of ethylene. Arkema now offers a wide EVOH range with 29% to 44% ethylene content that can be used for most barrier film applications.
Round 7 of the worldwide superbike race will take place at Misano in Italy June 22nd 2014. Tom Sykes, the British world champion 2013 from the Kawasaki official team will be at the starting line. His superbike Kawasaki ZX 10 R is equipped with the new MRA windshield made of Altuglas® ShieldUp PMMA sheet.
Arkema has added Kynar® 740 E to its Kynar® PVDF polymer range developed for drinking water systems. This grade aptly combines mechanical strength with fluidity, making it perfectly suited to the extrusion process.
On May 21st in Paris, representatives of the French companies listed in the 2013 top 100 global innovators from Thomson Reuters received the prize from Basil Moftah, CEO Intellectual Property and Science of Thomson Reuters. Christian Collette, Vice President Research and Development received the award for Arkema, the only European chemistry company present in this classification
Thanks to its experience in impact modifiers for thermoplastics, Arkema recently developed Clearstrength®
E950, its new core-shell Methacrylate-Butadiene-Styrene (MBS) impact modifiers for engineering plastics, mainly polycarbonates (PC). Pre-launched at the end of 2013 at K2013, Clearstrength® E950 has been successfully used industrially by selected clients. Arkema today announces that this new MBS impact modifier for engineering plastics is now available commercially worldwide.
Arkema, a global chemical company, and Polymem, a French SME specializing in the manufacture of filtration modules from hollow fiber membranes, have jointly developed a new ultrafiltration hydrophilic membrane technology to produce high quality water over the long term.
During Arkema’s Combined Annual General Meeting held on May 15th 2014 and chaired by Thierry Le Hénaff, Chairman and Chief Executive Officer of the Group, the shareholders, representing 63.19% of the voting rights, adopted by a very large majority all the resolutions approved by the Board of Directors.
CECA , Arkema’s Filtration and Adsorption subsidiary, and Saudi company Watan Industrial Investment have set up a joint venture, majority-owned by Arkema, which will operate an oilfield production chemicals blending plant and storage facility in Saudi Arabia. Based within the Dammam industrial city, the new site will enable CECA to meet the high demand for oilfield production chemicals in the Gulf region.
• €1,523 million sales, 0.7% up at constant exchange rate and scope of business
- Volumes 3.3% up
- -2.6% price / product mix effect mostly in fluorogases
• €213 million EBITDA, down 9% (7% up excluding fluorogases)
- EBITDA 19% up in High Performance Materials supported by volume growth
- Confirmation of good resilience of Coating Solutions in a mixed environment
- In Industrial Specialties, beginning of the year impacted by more challenging market conditions than last year in fluorogases
• 14.0% EBITDA margin
• €77 million net income Group share (Q1 2013: -€30 million)
• €1,007 million net debt stable compared to end March 2013
The new electrolysis unit at Arkema’s Jarrie plant near Grenoble, France, inaugurated today, marks a new milestone in the site’s modernisation. This €100 m investment has enabled the facility to adapt to the latest regulations on industrial risks (‘PPRT’) and to convert its mercury electrolysis to the membrane technology, thereby pre-empting the mandatory deadline by several years.
Some 6,000 employees and former employees have subscribed for 491,502 shares totalling €31.5 million as part of the capital increase operation reserved for Arkema employees, which has just closed. Setting yet another record in terms of amount invested and number of participants, this latest operation is a reflection of the employees’ confidence in their Group’s strategy and prospects.
Arkema will participate in the PLASTIC Japan 2014 show in Tokyo from April 16th to April 18th 2014. PLASTIC Japan is a comprehensive show that draws together a wide range of plastic-related technologies, from highly-functional plastics and CFRP forming/processing to material technologies.
Every two years, the Wire trade fair reviews current and future state-of-the-art technologies for electric cables and wires. At WIRE 2014, Arkema will showcase its comprehensive range of Functional polyolefins resins - including two new grades - its Luperox® organic peroxides and its Kynar® Flex PVDF resins specifically designed for electric and electronic wires & cables applications.
Arkema presents at in Cosmetics 2014, from April 1 to 3 (Hamburg) novelties based on its range of Orgasol® and Rilsan® texture powders for haircare treatments, nail lacquers and skin lightening products. Arkema’s fine powders impart improved texture to formulations in terms of softness and smoothness, while also bringing functional benefits, such as a nourishing effect for conditioning hair cream, special finishes for nail colour, or a whitening effect for beauty care products.
Come and try out our hair care collection and discover our new ingredients and latest findings on our Stand 1D56.
Arkema has received the Chairman’s Award from the Plastics Environmental Division of the Society of Plastics Engineers. Arkema has been recognized for environmental leadership and excellence for the development of its Biostrength® impact modifiers, which improve a broad range of properties in polylactic acid (PLA), which is derived from renewable resources such as corn starch, tapioca roots, and sugarcane.
Arkema is exhibiting at the JEC Composites tradeshow in Paris, Porte de Versailles, from 11 to 13 March 2014 (Hall 7.2, Stand D42), where the Group will present its latest Elium® product range, the first thermoplastic resins family that can be processed on the same equipment as thermoset resins. Elium® represents a true innovation in thermoplastic composites, which are now increasingly sought after by the transport industry (automotive, aerospace, sailing) as well as wind power for their recyclability and thermoformability properties.
Institut de recherche d'Hydro-Québec (IREQ) and Arkema announce that they have reached a collaborative research agreement for the development of a new highly safe electrolyte from fluoride and non-fluoride salts produced by Arkema. Accordingly, Arkema has signed a licensing contract on the technology of its fluoride salts to IREQ which will hold intellectual property rights.
Arkema, the expert in glass bottle coating solutions, has joined Carlsberg’s program to develop next generation of high quality packaging products, called “upcycling”. This initiative was officially announced by Carlsberg on January 21st, and was presented at the World Economic Forum in Davos (Switzerland).
• €6.1 billion sales close to 2012 sales at constant scope of business and foreign exchange rate, supported by volumes up by +1.4%
• Solid EBITDA margin close to 15%
• €902 million EBITDA (down 7% at constant scope of business and exchange rate)
- Sharp improvement in High Performance Materials results in Q4, but full year performance down compared to the high basis of comparison in 2012
- 5% EBITDA growth in Coating Solutions supported by capex and improvement in the decorative paint market in North America
- Performance of Industrial Specialties impacted by market conditions in Fluorogases
• €923 million net debt (1x EBITDA)
• 4Q'13: adjusted net income up 4.5% on last year, driven by sharp improvement in High Performance Materials
• Proposed dividend of €1.85 per share (€1.80 for 2012)
Arkema is launching its first range of liquid thermoplastic resins under the brand Elium®, which is transformed using the same processes as composite thermosets. The exciting new technology won an award in 2013 at JEC and is being used in 2014 because it is lightweight, cost-effective and recyclable. Elium® resins polymerize quickly and can be used to design structural parts as well as aesthetic elements in a number of applications anywhere from the automotive and transportation industries to wind power, athletic equipment and the building sector.
PLACYD, is an EU funded consortium of industrial and academic collaborators and led by Arkema will establish a dedicated material manufacturing facility that allows the production of block copolymers meeting the rigorous standards required for their use in industry as nanolithographic templates. PLACYD brings together leading researchers and industries to allow for the first time the integration of synthesis through to wafer scale production and system/device characterization.
ISPO Munich from January 26 to 29, is the European trade fair for winter and outdoor sports that offers a showcase for the latest trends in ski equipment. At ISPO 2014, Arkema will present its latest Pebax® Rnew grade : Pebax® RNew 80R53, a grade that goes beyond the limits of thermoplastic elastomers. This new rigid bio-based Pebax®, opens up the scope of ski boot design combining light weight, astonishing responsiveness to skiers’ movements, and creativity in decoration.
Arkema and Jurong Chemical, China’s leader in acrylic acid, announce the creation of Sunke, a joint venture in which Arkema will have a majority interest, comprising the assets of Jurong’s acrylic acid production site in Taixing opened in 2012.
This acquisition, in the wake of Arkema’s recent startup of its coating resins and Coatex production plants on the Changshu site, will enable the Group to accelerate the development of its Coating Solutions segment in China and in Asia and to assist its customers in particular in fast-growing markets such as superabsorbents, paints, adhesives, water treatment, etc.
It represents a new milestone in Arkema’s growth strategy and the achievement of its 2016 targets, in particular by strengthening the Group’s position in high growth countries. Finally, it provides the Group with a highly competitive acrylic monomer industrial footprint in Asia.
Production capacity for Arkema initially will be 160,000 t/year for a $240 M investment, with the option to raise it without delay to 320,000 t/year for a further $235 M investment.
Arkema, the world’s second leading producer of organic peroxides, announces the construction of a new organic peroxide plant on its Changshu site in China. This investment will help double the site’s production capacity.
21st December 2013, Arkema Coating Resins Malaysia sponsored 30 students from orphans and children from poor family in Pasir Gudang, Johor area as part of our Company’s commitment on the Corporate Social Responsibility program for the year 2013.
Arkema announces a plan to divest its two South African subsidiaries, Arkema Resins Proprietary Limited and Harveys Composites Proprietary Limited to South African company, Ferro Industrial Products Proprietary Limited, specializes in the production and distribution of coatings and materials for composite markets. Through this divestment, Arkema will dispose of non-strategic activities - such as resins for composite materials - which represent few synergies with the remainder of its coating activities.
Arkema, a leader in innovative chemistry, announces today that its Forane® 427A (R-427A) retrofit refrigerant has been approved by Emerson Climate Technologies for aftermarket use with Copeland Discus™ compressors in low- and medium-temperature refrigeration applications.
Arkema offers a diverse range of materials for the manufacture of prototypes and functional technical short runs, using “additive manufacturing”. Arkema will showcase its product range at the 20th edition of EuroMold, the global trade show for Moldmaking and Tooling, Design and Product Development, held in Frankfurt from December 3th to 6th.
A major player in the Coatings industry, Arkema is taking part in the Chinacoat 2013 trade show being held in Shanghai from November 20th to 22nd (Hall 4 - Stand D10-20) to showcase its multi-technology and multi-product range, one of the most comprehensive in the market. The trade fair will also be an opportunity for Arkema to celebrate with its customers the successful startup of its new polymer emulsion production plant on its Changshu site in China.
The lifetime of solar panels spans 25 to 30 years: therefore its components have to deliver long-lasting top performance. A challenge taken up successfully by Arkema thanks to its Kynar® PVDF film for PV panel backsheet protection. Arkema is participating in the Solar Qatar Summit held in Doha on November 18- 19 to present this high added value Arkema patented film technology based on three ultra-thin Kynar® PVDF layers.
Arkema has officially started its new 60,000 MTY emulsion polymers facility on its Changshu platform. The plant, part of Arkema’s Coating Resins business unit, will serve customers in the Asia Pacific region with a full line of waterborne emulsion polymers for coatings and adhesives applications.
SOLID PERFORMANCE IN 3RD QUARTER IN A LESS FAVORABLE ENVIRONMENT THAN LAST YEAR
• €1,495 million sales, close to 3Q’12 at constant exchange rates and scope of business
• €233 million EBITDA and 15.6% EBITDA margin
- Gradual improvement in oil and gas and photovoltaic markets for High Performance Materials segment
- Stability in Coating Solutions segment with marked improvement in volumes in North America
- Industrial Specialties segment affected by more challenging market conditions in fluorogases and PMMA in Europe
- Negative impact of the strengthening of the euro on the quarter’s performance
• Net debt down to €1,033 million since 30th June 2013
• Ongoing targeted growth capex in emerging regions
• Emphasis on competitiveness in Europe
Arkema has always been involved to propose innovative bio-based polyamides for highly demanding markets. Continuing the successful story of Rilsan® Clear G830 Rnew, the first bio-based transparent polyamide, Arkema will present at the Optical fair (booth at 1C-G06) from November 6th to 8th two new grades - Rilsan® Clear G850 Rnew and Rilsan® Clear G120 Rnew - for specific customer needs.
Arkema’s is exhibiting its Rilsan® fine powders jointly with Viking Johnson (stand 305, Hall 1) at Aquatech 2013, from 5-8 November in Amsterdam. Aquatech is the world's leading trade exhibition on process, drinking and waste water technology.
With 6 days to go to the start of the Transat Jacques Vabre on November 3, the multihull Arkema – Région Aquitaine is moored in the Paul Vatine dock in Le Havre, ready to reach its next destination, Itajai in Brazil. The multihull is to be christened the day before by its special godfather, the talented French actor Charles Berling
From October 28 to 31 2013, Arkema will showcase most of its products - including specialty polyamides, fluoropolymers, functional polyolefins, plastic additives, organic peroxides, hydrogen peroxide, coating resins and fertilizer additives - at the biannual Chemistry Trade Show Khimia-2013 in Moscow, Russia, in booth 22D70.