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 2017 and for the seventh straight year, Arkema was included in the Top 100 Global Innovators ranking — compiled by Clarivate Analytics, formerly Thomson Reuters.
"Innovation has been part of Arkema’s DNA since its creation. To be listed among the Top 100 Global Innovators for the 7th consecutive year is a tribute to the merits of our strategic guidelines and unique positioning through the development of our portfolio of advanced materials and adhesives. It is also a source of great pride for Arkema and a tremendous reward for our teams", said Thierry Le Hénaff, Arkema Chairman and Chief Executive Officer.