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.
With two major races scheduled at the end of 2017, Team Arkema Lalou Multi is stepping up its preparation! The race season will begin with The Mini Transat La Boulangère for Quentin Vlamynck, on 1st October, on board his Arkema 3 prototype. In November, the Transat Jacques Vabre will be launched for the trimaran skippered by the Franco-Spanish pair Lalou Roucayrol and Alex Pella.
The Arkema site in Crosby, Texas has been shut-down since Friday 25 August. The site anticipated the storm, and safely shut down all operations before hurricane landfall. The facility has had extraordinary levels of rain, receiving approximately 40 inches by Monday 28 August afternoon. The site has been heavily flooded and without electric service. Local officials had established an evacuation zone in an area 1.5 miles from our 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.
After sustaining an injury during a training session on board the trimaran Arkema Multi50, Karine Fauconnier is not able to take part in the Transat Jacques Vabre 2017 race. Hence Alex Pella will take her place as co-skipper alongside Lalou Roucayrol.
The new Neophil™ PVDF hollow fiber ultrafiltration membranes have been granted NSF/ANSI 61 certification for drinking water production. This certification will speed up the commercial development of this membrane technology developed jointly by Arkema and Polymem in the global drinking water market growing by 10 % yearly.
Eager to sustain its customers’ strong growth, in particular in automotive, 3D-printing, and in consumer goods markets such as sports and electronics, Arkema announces an investment plan of some 300 million euros over five years in the biosourced polyamide 11 chain. This major investment will enable the Group to increase by 50% its polyamide 11 global production capacities. The project falls in line with Arkema’s strategy to speed up its development in advanced materials, one of the key pillars of its future growth, sustained by a unique portfolio of innovations around the main sustainable development trends.
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.
To support the growth of Sartomer, the world leader in specialty photocure resins, Arkema announces a project to expand by over 30% production capacity at its Nansha facility in China. This new production line will in particular help meet strong customer demand in Asia in the electronics, 3D-printing and inkjet printing cutting-edge markets.
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.
In the space of just a few months, the Peugeot 3008 has received over twenty prizes and awards. Modern and thoroughbred styling, ecological performances, comfort… are all qualities everybody agrees on for this SUV. A great success ‘made in France’ which Altuglas International, an Arkema subsidiary, is proud to be part of thanks to its Altuglas® PMMA acrylic resin.
Bostik, the specialty adhesives business line of Arkema, upgrades sponsorship to official partnership for 2017 and 2018 cycling events. Agreement will boost brand visibility worldwide and sees Bostik exclusively supply event organizers with smart adhesives for the duration of the race.
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 files a new complaint with the European Commission against Honeywell for abuse of dominant position with respect to patents covering the use of the refrigerant 1234yf in car air conditioning systems.
Under the name "Agenda 2030", the United Nations (UN) Sustainable Development program is a universal action plan for peace, people, planet and prosperity, based on partnerships. Arkema, which already endorses the UN Global Compact, is naturally committed to the pursuit, through its innovation, of the Sustainable Development Goals (SDGs) to contribute to this ambitious roadmap.
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.
On 28 April 2017, Arkema takes part in the World Day for Safety and Health at Work. Sponsored by the International Labour Organization (ILO), this event focuses on the prevention of occupational accidents and diseases. The Group, which aims to rank among the best chemicals manufacturers in terms of safety, is stepping up its awareness initiatives, in particular through its peer observation program.
Thierry Le Hénaff, Arkema Chairman and Chief Executive Officer, inaugurates the new specialty molecular sieve capacity at the Honfleur plant today. This new plant will enable the Group to support its customers’ growth in the refining and petrochemicals markets, in particular in Asia and the Middle East. This investment of some €60 million supports the development of the High Performance Materials segment, represents one of the Group’s growth drivers, and consolidates its n° 2 world ranking in molecular sieves.
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 covers a wide spectrum of resins and additives, with highly diverse chemistries and technologies, to the coating industry. This particular feature and this strength mean that it can adapt to its customers’ specific requirements in a large number of application markets around the globe, while meeting the growing demands of an ever more sustainable chemical activity.
Arkema announces that it filed its 2016 Reference Document with the French Autorité des marchés financiers (AMF) on 30 March 2017.
This document is available under the heading Investor Relations in section Financials / Annual reports of the Group’s website under the following link: www.finance.arkema.com
Composites solutions for lightweighting materials represent one of Arkema’s main research vectors. The Group today offers innovative solutions for recyclable high performance composites geared for the automotive and wind power sectors.
For the upcoming Transat Jacques Vabre race, Lalou Roucayrol is calling on an experienced and highly talented yachtswoman, Karine Fauconnier. In 2016, Karine joined Team Arkema Lalou Multi as weather router in the Transat, before acting as navigator in the Transat Québec - St Malo, which was to be a winning race for the Multi50 Arkema trimaran. This collaboration now continues with Lalou and Karine making up a fighting mixed double-handed crew that benefits from unique multihull experience!
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.
Born in 2016 of a unique collaboration between Arkema and the Lalou Multi ocean racing sports team, the Arkema 3 Mini 6.50 prototype is now entering a new phase: the world of sports competition. The technical innovations of the monohull have been validated and its young skipper, Quentin Vlamynck, is familiarizing himself with the boat. It now remains to put this "racing beast" to the test against the competition!
Arkema is proudly shining the spotlight on a project that is both innovative and unprecedented: the construction of a wind turbine blade from the Elium® thermoplastic resin. This United States first was made possible thanks to the combined expertise of major players in the chemicals and composites sectors. A collaboration orchestrated by the Institute for Advanced Composites Manufacturing Innovation (IACMI) and documented on video.
Arkema launches a new website for its three flagship polymer families – Kynar® fluoropolymers, Pebax® thermoplastic elastomers, and Rilsan® high performance polyamides. The website, focused on “extreme materials”, aims to optimize the user experience with rich content and intuitive navigation.
Initiated at the time of its 10th anniversary and in line with its CSR commitment, Arkema has set up an Education Fund, its purpose being to help finance projects put forward by Arkema employee volunteers involved in promoting education. Under this new scheme, the Group backs its employees’ work, involvement and commitment around the world. For this first session launched in January 2017, nine educational associations have been singled out.
Continuing the effort to capitalize on synergies between Arkema’s fluoropolymer and polyamide product lines, the Technical Polymers business is pleased to announce the addition of new Kynar® PVDF powder coatings.
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.
The first edition of the Convergence trade show is being held in Paris from 6 to 9 December 2016. Among the major exhibitors at this new event dedicated to the challenges of the Industry of the Future, Arkema will present its latest innovations in the fields of thermoplastic composites and additive manufacturing - or 3D printing.
Arkema completed the acquisition of Den Braven, a leader in high performance sealants for insulation and construction in Europe, on 1st December. With this strong value-creating acquisition, Arkema confirms its long-term ambition for Bostik, and actively pursues the development of its High Performance Materials division.
Arkema Group, the global leading specialty chemicals company, is attending the Chinacoat 2016 tradeshow in Guangzhou, from 30 November to 2 December (Hall 10.2-Stand C25-34). At the trade show, Arkema is introducing a comprehensive range of high performance and durable solutions for paints and coatings, including acrylic monomers, coating resins, high performance additives from Coatex, a broad product range from Sartomer, and Kynar® PVDF for coatings.
Committed to drive the technology forward, Sartomer will present NextDimension™, its new range of solutions for UV curable additive manufacturing, at the upcoming Formnext show in Frankfurt, November 15th to 18th 2016, Arkema booth #B19 (Hall 3.1).
Awards were presented in a private ceremony on October 24th at the “Arkema Design Lab” during the K2016 fair. A monetary award was also given to the university program of choice for each of the two winners.
Arkema announces a 25% Kynar® PVDF capacity increase on its Changshu platform near Shanghai. This project will help meet the strong demand, in particular in new energies and water treatment applications. This investment will support the Group’s ambition in Technical Polymers, and is part of its strategy to speed up the growth of its High Performance Materials division.
The Technical Polymers business line has just launched a new visual message to demonstrate its combined elements of a rich 50 year legacy in some of the world’s most extreme applications and its dynamic future involving a broad portfolio of new developments: “An extreme world needs extreme materials”.
The Technical Polymers Business Line of Arkema has just launched its new material database. Accessible online on all five of their product websites, the new material database provides technical data on fluoropolymer and specialty polyamide resin grades from Arkema.
Arkema announced today plans to construct a new leading class polyester powder resin manufacturing facility, the first of its kind in India, on its existing resin platform in Navi Mumbai, Maharashtra. The project, which represents an investment of approximately $US 15M and is targeted for completion in 2018, includes a new manufacturing unit and a dedicated new laboratory to provide both application development and technical support. The new facility will support customers in the fast growing powder coating market.
Chillventa, a European trade show, which takes place every two year (Nuremberg, October 11 to 13) is one of the most important in the world of refrigeration, A/C, ventilation, and heat pumps. All the team members from the Fluorochemicals Business Unit will be in attendance to present Arkema’s solutions for the future. Chillventa is a unique occasion to meet Arkema’s experts at booth n°227 – Hall 9 – and attend our technical presentations.
Arkema’s range of polymer modifiers including reactive terpolymers and grafted polymers are widely used to improve the impact strength as well as the fluidity of polyamide (PA) compounds. From general purpose toughness to intermediate and super toughness, Arkema impact modifiers allow reaching requested specifications for PA6 and PA6,6. Two new grades, Orevac® IM300 and IM800 grafted polymers, have been designed to complete Arkema’s range of impact modifiers which enables processors to play on various properties depending on the loading: fluidity in processing, impact resistance and mechanical strength of PA compounds. In addition, these PA modifiers are produced in USA to be closer to the American market.
Arkema, which this year celebrates its 10th anniversary, has become a specialty chemicals and advanced materials group. The Group serves its customers by providing innovative solutions to meet some of the major challenges of today’s world: new energies, water treatment, lighter materials, everyday comfort and wellbeing. These various topics will be addressed on the Arkema stand (6C57) at the upcoming K2016.
Arkema today inaugurates, together with the CNRS laboratory PROMES, the “MicroSol-R” solar micro-power plant on the Odeillo-Font-Romeu site (Pyrénées, SW France) which operates with a JARYSOL heat-transfer fluid specially developed by the Group on its Jarrie site (Isère, SE France).