Innovation at the heart of the change
Arkema's growth is based on a constant and unrelenting innovation process to develop new product lines in the field of specialty chemicals.
Two-third of the innovation efforts of the Group focus on sustainable development and target six major research vectors for the future:
- Bio-based products
- New energies
- Water management
- Electronics solutions
- Lightweight materials and design
- Home efficiency and insulation
For example, in the field of fluoropolymers, 6% of total annual revenue is allocated to the development of new applications, especially in the areas of photovoltaics, lithium-ion batteries and water filtration.
As shown by its research programs dedicated to PEKK, composites or piezoeclectric polymers – all high performance materials – Arkema is supporting and anticipating the needs of its markets thanks to an imaginative and collaborative approach: the Group has established many industrial partnerships and collaborations with public laboratories or univeristies.
Arkema may also have to acquire start-up or leading-edge technologies to accelerate development phases of promising products in line with the R&D Group's strategy.
Arkema in the Top 100 Global Innovators
In 2016 and for the sixth straight year, Arkema was included in the Top 100 Global Innovators ranking — compiled by Clarivate Analytics, formerly Thomson Reuters.
"Innovation has become our essence. Being part of the Top 100 global Innovators for the 6th year in a row is a source of great pride for Arkema and a tremendous reward for our teams", said Thierry Le Hénaff, Arkema Chairman and Chief Executive Officer.