Arkema completes the acquisition of its partner’s stake in Sunke

- Press release
Corporate - Finance - Products

 

 

 

 

Arkema has completed the acquisition of its partner’s stake in Taixing Sunke Chemicals, its joint venture manufacturing acrylic monomers in China, and now becomes the sole shareholder of the company.

 

With this transaction, which has approximately €70 million impact on the net debt, the Group will support the growth of its customers in Asia and benefit from greater flexibility to run this business in a region which accounts for more than 50% of the global acrylic acid demand.

 

Contacts

Béatrice ZILM
Investor relations
Arie TAIEB
Investor relations
Gilles GALINIER
VP Communication
Arkema
Véronique OBRECHT
Corporate Press relations
Arkema
Contact

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