Arkema announces the acquisition of Oxido

06-Mar-2015 - France

Arkema continues to strengthen its High Performance Materials segment with the acquisition of Oxido, finalized on 2 March 2015. This company specializes in the formulation of organic peroxides used in the crosslinking of rubber and plastics, as well as initiators for polyester resins and hardeners, and generates sales of some €20 million.

“This acquisition reinforces our European integration structure and our leadership in organic peroxides around the Spinetta and Günzburg plants, ideally complemented by the expertise of Oxido’s Anagni plant, a centre of excellence in organic peroxide formulation. By fully integrating the production chain from active substance to formulation, we are now in a position to further improve the service we offer our customers”, stated Jean Saint-Donat, Director Europe of the Organic Peroxide business.

With this acquisition, Arkema now manufactures organic peroxides on 12 sites around the world.

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