Arkema announces the sale of its Higher Methacrylates business

03/29/2010    Press Release

In the scope of the restructuring of its methacrylics activity, Arkema has reached an agreement with Evonik for the sale of its Higher Methacrylates business

This Higher Methacrylates business concerns n-butyl methacrylate, i-butyl methacrylate, 2 ethyl hexyl methacrylate and dimethylaminoethyl methacrylate (MADAME®).

These monomers are mainly used for the production of paints and coatings, as well as for the water treatment.

A global chemical company and France’s leading chemicals producer, Arkema consists of three businesses: Vinyl Products, Industrial Chemicals, and Performance Products. Arkema reported sales of 4.4 billion euros in 2009. Arkema has 13,800 employees in over 40 countries and six research centers located in France, the United States and Japan. With internationally recognized brands, Arkema holds leadership positions in its principal markets.