Bostik reinforces its range of flooring products with the planned acquisition of Ideal Work, an Italian company specialized in high-added value decorative flooring technologies. This project is in line with Arkema’s targeted growth strategy in adhesives, based on cutting-edge technologies which perfectly complete Bostik’s existing offering for the construction market.
Arkema announces the start-up of a new world-scale industrial adhesives plant in Japan. Those new capacities will enable Bostik to serve its Japanese customers in the continuously growing markets of diapers, hygiene, packaging, labelling, transportation and electronics. This investment is in line with Bostik’s growth and geographical expansion strategy.
Arkema announces the proposed acquisition of Fixatti, a company specialized in high-performance thermobonding adhesive powders. This acquisition will enable Bostik to strengthen its global offering of hotmelt adhesive solutions for niche industrial applications in the construction, technical coating, battery, automotive, and textile printing markets. This project is part of Bostik's targeted growth strategy in high value-added technologies, and is perfectly in line with the Group's roadmap to become a pure Specialty Materials player by 2024 centered around Adhesive Solutions, Advanced Materials, and Coating Solutions.
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.
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.
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.