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.
Arkema will inaugurate a new first-class polyester resin manufacturing facility in Navi Mumbai, Maharashtra on February 13, 2019. This new facility also includes a dedicated laboratory to provide both application development and technical support. The facility will help Arkema better serve customers in the fast growing powder coating market throughout India, as well as the Gulf Region and surrounding countries.
Arkema is expanding in engineering adhesives with the announcement of the acquisition of Afinitica, a Spanish company specializing in instant adhesives, also known as cyanoacrylates. This small targeted acquisition will enable Bostik to develop a solid position in adhesives used in markets with strong growth potential, including electronics and medical equipment, and in many other durable goods manufacturing applications.
Barrday Inc., a major player in the composite market, and Arkema announce the creation of a joint venture to manufacture and market carbon fiber and specialty polymer tapes for the growing oil and gas industrial market.
To support the strong worldwide demand in ultra-high performing powders for industrial applications, in particular in the coatings, composite and 3D printing markets, Arkema is to expand its global production capacity at its Mont site (France) by more than 50%. This investment of around €20 M will come on stream in the second half of 2019.