Arkema invests €30 million to develop and strengthen the competitiveness of the Carling site
10-Nov-2010: In line with the development plan of the Carling site around the acrylics activity launched in June 2009, as well as the commitments made at the time, Arkema now announces the construction of a new production line for DMAEA, an acrylic acid derivative, base product for flocculants used in wastewater treatment, together with a plan to upgrade the site’s energy production plant. This capital expenditure represents €30 million overall.
The construction of a new DMAEA (dimethyl amino ethyl acrylate) production line to replace an old one will help increase the site’s capacity by 30% and consolidate Arkema’s position as Europe’s leader for this product. The new plant will become operational in the first half of 2012, and the capacity increase will help meet demand in the fast growing markets of Europe and Asia resulting in particular from increasingly stringent standards for the treatment of municipal and industrial wastewater as well as the growing volume of effluents to be treated.
Arkema successfully completed a bond issue with a 10-year maturity and a 1.50% coupon. Taking advantage of favourable market conditions and supported by a strong oversubscription level the amount of the issue has been fixed at 700 million euros.
This operation represents the last phase in t ... more
Arkema becomes the ninth member of the TfS initiative, founded in 2011 by BASF, Bayer, Evonik Industries, Henkel, Lanxess and Solvay. The initiative has been built over sustainability best practices, principles to which Arkema adheres such as United Nations Global Compact and the Responsibl ... more
As part of a plan to improve the profitability of its fluorogas business, on September 9th Arkema presented to the Zaramillo plant’s personnel representative bodies a project for the closure of fluorogas productions at its Spanish site. The European fluorogas industry has been severely impa ... more
Arkema’s activities are organized into three business segments, Vinyl Products, Industrial Chemicals, and Performance Products, comprising 13 business units structured into profit centers, in charge of plant management, research, marketing, and customer relations.
Central divisions oversee ... more