At a Strategy Update meeting on April 2, Arkema presents its ambition to become a world leader in Specialty Materials realigned around three coherent businesses with attractive growth prospects: Adhesive Solutions, Advanced Materials, and Coating Solutions. The Group unveils its roadmap and its objectives for 2024 at this event. In the context of Covid-19, Arkema also provides an update on the management and the consequences of this unprecedented health crisis.
In response to the COVID-19 epidemic and the health situation, Arkema has decided to repurpose a production line in order to manufacture, starting today, 20 tons of alcohol-based solution per week to be distributed free of charge and as a matter of urgency to hospitals in France.
The founding members of the ‘Pragati’ project for sustainable castor crop – Arkema, BASF, Jayant Agro-Organics along with implementation partner Solidaridad – recently met to celebrate the successful results of phase 1 of the project and formally committed to phase 2, which will extend the program until July 31, 2022.
Thierry Le Hénaff drives change at Arkema’s Executive Committee, in particular through a broader and more diversified representation of the Business Lines, with a view to continuing to adapt the Group to the challenges of today’s and tomorrow’s world.
In 2019, Arkema achieved a high-level financial performance driven by specialty businesses in an increasingly challenging economic context. The Group generated a record amount of cash whilst maintaining an ambitious level of investments for its future growth.
Ahead of the next general meeting of shareholders to be held on May 19, 2020, the Arkema Board of Directors, at their meeting today, unanimously decided to propose the renewal of the directorship of Mr. Thierry Le Hénaff, for a period of four years.
Arkema is taking action with an ambitious climate plan that is aligned with the Paris Agreement(1). As such, the Group has set a new strategic environmental objective: to reduce its absolute greenhouse gas (GHG) emissions by 38% in 2030 compared to 2015.
Arkema, Nexoon, 5M, and IRT M2P join forces to develop a new concept for factory-manufactured “custom” constructions. Each partner will contribute its expertise and know-how in order to validate this innovative construction concept aimed at meeting the needs of individual or collective, high-end or social, housing and also commercial or industrial buildings.
On November 22, the 6th Corporate Social Responsibility Awards Ceremony sponsored by the European Union Chamber of Commerce in China was held in Nanjing. Arkema (China) Investment Co., Ltd Changshu Branch was granted the MNC award “Leadership in CSR & Sustainable Growth”, for its two long-term CSR projects “Responsible Care Changshu AMIP Committee (RCCAC)” and “Common Ground® - ChemArt Green Innovation Class”. The award highly recognizes Arkema’s efforts in practicing corporate social responsibilities and contributing to sustainable development, and reflects Arkema’s determination to continuously driving its CSR projects in China.
Recently, the mutual Authorized Economic Operator (AEO) recognition visit of China and Turkey Customs was held at Sartomer (Guangzhou) Chemicals Company Limited, affiliated to Arkema Group. The visit will provide important evidence for AEO certification’s level and quality, and establish a solid foundation for finally signing the mutual AEO recognition agreement between China and Turkey Customs. Sartomer (Guangzhou), as a benchmark enterprise certified by high-level AEO in China, was eventually selected as the representing company involved in the visit, after careful filtering and multiple field visits by Nansha Customs, Guangzhou Customs, and the General Administrations of Customs, China (GACC). The visit means further recognition of the company’s AEO management system since it obtained the certification.
Arkema is associating with new partners and expanding the use of its high-performance solutions to the 3D manufacturing of composite materials, a major development in lightweight materials. This new technology, which combines the power of 3D printing and composite materials where Arkema has a leading position, will offer new perspectives and new applications in the aeronautics, automotive, energy and construction sectors to meet the growing demand for lightweight materials.
Arkema Group, the global leading specialty chemicals company, is exhibiting at the Chinacoat 2019 tradeshow in Shanghai, from 18 November to 20 November (booth # W3.E05, Zone 8). At the trade show, Arkema will present its latest innovative and sustainable high performance solutions designed for local paints and coatings market, including architectural coatings, architectural chemicals, industrial coatings, 3D printing, specialty coatings, fabric, inks and UV inkjet, from its business units of Sartomer, Coatex, Coating Resins, Technical Polymers, and Acrylic Monomers, addressing the fast growing coatings market in China.
On November 15 Arkema inaugurated, in the presence of Thierry Le Hénaff, the Group’s Chairman and CEO, and Hervé Morin, President of the Normandy Region, a new Global Center of Excellence for 3D Printing within its Cerdato Research & Development Center in Serquigny, Normandy (France). Arkema and the Normandy Region intend this new center of excellence dedicated to additive manufacturing based on high-performance polymers, to be of benefit to companies and training organizations in the region, as part of a collaborative initiative striving for swift adoption of these new production methods.
Initiated in September 2018, the construction of the new Multi50 Arkema 4 is progressing on schedule, and the first components are taking shape in the new infrastructures of the Lalou Multi shipyard in Verdon-sur-Mer (33). Designed by Romaric Neyhousser in close cooperation with Lalou Roucayrol and the future skipper Quentin Vlamynck, this latest generation trimaran will have different architectural lines from its predecessor. It will be more versatile, and also benefit from ergonomics adapted to its skipper and focused on performance. Another major asset: just like the Mini 6.50 Arkema 3, it will incorporate innovative solutions drawn from collaboration between the Research & Development and Business hubs of the Arkema Group and Lalou Multi. This prototype is due to be launched in spring 2020.
This summer, Arkema successfully brought on stream a new 90,000-ton acrylic acid reactor at its Clear Lake, Texas site to support the growth of its North American customers in the superabsorbents, paints, adhesives and water treatment markets.
In partnership with Agiplast, a pioneer in the manufacturing and regeneration of engineering plastic compounds, Arkema’s Technical Polymers business announces a new program to recycle high performance polyamides and PVDF fluoropolymers.
Arkema announces the proposed divestment of its Functional Polyolefins business to SK Global Chemical, a major chemicals player in South Korea and a subsidiary of SK, the large South-Korean corporation. With this project, Arkema continues its shift towards specialty chemicals and advanced materials.
As a global player in specialty chemicals and advanced materials, Arkema strives to generate sustainable growth by providing its customers with innovative and environmentally sound solutions. In an ever changing world, Arkema constantly innovates and offers solutions addressing these major changes in a wide variety of markets.
Arkema announces a project to acquire Lambson, a company specializing in photoinitiators for curing, a technology meeting the demands of cutting-edge markets such as electronics, 3D printing, digital ink, composites and high performance coatings. These solutions will complement the offering of Sartomer, a global leader in photocure resins, while helping speed up its development in this fast-growing market. This deal will further strengthen the share of specialties in Arkema’s product portfolio, in line with its long-term ambition.
Arkema announces a project for Bostik to acquire Prochimir, a company specializing in high performance thermobonding adhesive films. This acquisition would enable Bostik to broaden its offering of solvent-free thermobonding solutions earmarked for many fast-growing industrial applications in the automotive, construction, textile and medical markets. It would position Bostik among world-leading players in thermobonding films, and is part of Bostik’s strategy to expand through acquisitions targeting leading technologies in a market that remains fragmented.
Hexcel, Arkema and their partners are pleased to announce that their joint collaborative project “HAICoPAS” has received approval from Bpifrance and the support (grant of 6 million euros) of France’s Investissements d’Avenir program.
On July 8, Arkema, in cooperation with 13 other well-known industrial brands including Saint-Gobain, launched the 2nd EU & US Industrial Goods Carnival on Alibaba 1688.com, aiming to expand the online channels, mobilize and consolidate resources of the platform and these companies, and create a customer-oriented, cross-field, one-stop sales model for industrial goods. By giving full play to the influence in their respective fields and boosting synergy, the participants are endeavoring to bring customers the new convenience allowed by the growth of the internet in the digital era, accelerating the digital development in China and drive organic growth of business.
On July 1st 2019, Arkema completed the acquisition of ArrMaz, a global leader in specialty surfactants for crop nutrition, mining and infrastructure markets. The acquisition of this profitable, resilient and low capital intensive business, which has an accretive impact from the first year, is another milestone in Arkema’s growth journey towards specialties that contributes to further reinforcing the Group’s profile.
On May 28, the 1st anniversary of Arkema’s flagship store at Alibaba 1688.com, Arkema announced that its flagship store was officially upgraded to a brand pavilion, launching the e-commerce operation model “1+N” (i.e., Arkema + distributors). Through Alibaba’s mature e-commerce platform, experience, big data and traffic, combined with effective marketing moves, Arkema aims to develop more diverse business channels, bring more business opportunities, and drive organic business growth. The opening ceremony of the brand pavilion was held in Alibaba’s Hangzhou Headquarters. Mr. Xavier Durand-Delacre, Senior Vice President of Arkema Asia Pacific and President of Arkema Greater China, Ms. Xiaoyu Zhang, Regional President of Arkema’s Technical Polymers business in Asia Pacific, Ms. Congshan Li, General Manager of Alibaba Industrial Brands and Ms. Xuelian Qiu, Alibaba Industrial Brand Pavilion Director, along with several representatives of Arkema’s distributors, attended the ceremony.
Arkema reaches another milestone in its journey of growth in specialties with the planned acquisition of ArrMaz, a US-based leader in specialty surfactants for crop nutrition, mining and infrastructure.
Arkema has chosen the location of Jurong Island in Singapore to build its new world-scale plant dedicated to the manufacture of the amino 11 monomer and its flagship Rilsan® polyamide 11 resins. With this 50% increase in its global capacities announced in July 2017, the Group supports strong demand from its customers in Asia for high-performance bio-sourced solutions addressing the major opportunity of material lightweighting in particular.
Arkema has successfully started up the 30% capacity extension of its photocure advanced liquid resin production plant in Nansha, located south of Canton, China. Inaugurated today, this new production line will help to meet the strong demand in Asia in the electronics, 3D printing, adhesives and inkjet printing markets. This investment supports Sartomer’s strategy to develop cutting-edge solutions for advanced and sustainable curing technologies.
Effective 1st June 2019, Thierry Parmentier will be joining Arkema with a view to taking up the post of Executive Vice President Human Resources and Corporate Communication on 1st July, replacing Michel Delaborde who will be retiring. Thierry Parmentier will also join the Executive Committee.