Arkema finalizes the divestment of its Tin Stabilizer business to PMC Group
The divested business accounts for sales of around €180 M on three continents, and includes four production sites in the United States, Europe and China.
The product range concerned by this divestment consists of tin derivatives, including Thermolite® stabilizers used in the production of PVC for construction, Fascat® catalysts used in the automotive industry, and a number of fine chemicals.
With this operation, Arkema refocuses its functional additives activities mostly on organic peroxides, used as reaction initiators for commodity polymers.
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