Arkema invests over €70M in Fluoropolymers in France
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Arkema announces a major project for the development of its Kynar® PVDF business in Europe. Over €70M are to be invested into the Pierre-Bénite site in France, in particular to increase Kynar® PVDF production capacity by 50%, and so support customers in high-growth applications.
This capital expenditure plan of over €70M will help increase by 50% fluoropolymer production capacity in Pierre-Bénite by 2014. It also entails major technological advances such as the implementation of an innovative high purity process, a new effluent treatment plant, and a contribution to investments for the implementation of the site’s Technological Risk Prevention Plan.
This ambitious program will provide long-term visibility for the fluorochemicals activity as a whole in France, and so consolidate the production chain around the Pierre-Bénite site as well as the Saint-Auban site which produces the monomer for some of the fluorogases.