Quentin Vlamynck seized a 14th place in the first leg of the Mini Transat La Boulangère, in the prototype category. The skipper of the Mini 6.50 Arkema 3 made the most of sailing the ocean over ten and a half days to gain a new strong maritime experience and draw valuable lessons on how to sail his innovative boat.
Bostik, the Specialty Adhesives business line of Arkema, continues to expand its manufacturing capacities with the opening of a new facility in Gujarat. Together with its existing plant in Bangalore, the new plant will serve the fast growing demand in India for adhesives in industrial markets.
Marc Schuller is appointed President of the EPCA (European Petrochemical Association) as of October 4, 2017 and for a period of 3 years. Previously Vice President of EPCA, he will succeed Tom Crotty, President of the EPCA since 2014 and Director of the INEOS Group.
Our innovations deserved a dedicated space, an innovative and cutting-edge space to help us understand and experiment with Arkema’s chemistry! So here it is. On Thursday 21 September, Arkema inaugurated L'atelier 4.20 by Arkema in the presence of Thierry Le Hénaff, Chairman and Chief Executive Officer.
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.
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.
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.
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.
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 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.
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.
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 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.