Driven by continued strong growth in the lithium-ion battery market for electric vehicles, Arkema will increase the capacity of its high-performance polymer PVDF dedicated to this market at its Changshu plant by approximately 50 percent. The investment further supports the Group’s ambition to accelerate growth in Advanced Materials
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.
Arkema has successfully brought on stream a new production line for ultra-high performance polyamide 12 powders at the Mont plant in France. The Group thus increases its global capacity by over 50% to support the increase in demand for fast-growing niche industrial applications, in particular in the coatings, personal care, composites and 3D printing 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 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.