Arkema presented to its Central Works Council a project to sell Cerexagri, its Agrochemicals business unit, to United Phosphorus Limited (UPL), in line with its selective portfolio management.
Arkema's Agrochemicals business unit Cerexagri specializes in the formulation and production of plant protection products, essentially fungicides and treatment products for fruits and vegetables. With 630 people, Cerexagri operates on a worldwide basis, achieving annual sales in the order of EUR200 million.
The sale price of Cerexagri is expected to be EUR111 million, which corresponds to an EBITDA multiple exceeding the multiple at which Arkema is currently traded. This sale would positively impact Arkema's results.
Arkema finalizes the divestment of its phosphorus derivatives business
Arkema finalized the divestment of Febex, a company specialized in phosphorus-based chemistry, to Belgian group Prayon. Febex is a global player in phosphorus derivatives (high purity phosphoric acid, sodium hypophosphite and derivatives), used primarily in electronics and in the pharmaceut ... more
Arkema divests its phosphorus derivatives business
Arkema announces the proposed divestment of Febex, a company specialized in phosphorus-based chemistry, to Belgian group Prayon. Arkema thus continues its dynamic business portfolio management. Febex is a global player in phosphorus derivatives (high purity phosphoric acid, sodium hypophosp ... more
Arkema finalizes the acquisition of Polimeros Especiales in Mexico
On September 1st 2022, Arkema finalized the acquisition of Polimeros Especiales, strengthening the Group’s offering in solvent-free solutions and its position in this fast growing region. Polimeros Especiales is a well-established Mexican company producing high-performance waterborne resins ... more
The Arkema Group was created in October 2004 from the reorganization of Total’s Chemicals branch. Its three business segments, Vinyl Products, Industrial Chemicals and Performance Products, combine coherent and integrated industrial activities, most of which boast either world or European l ... 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
Arkema is a world-class producer in most of its product lines, including PMMA, fluorochemicals, hydrogen peroxide, organic peroxides and molecular sieves, and a regional leader in others, including chlorochemicals in Europe. more
Bayer CropScience AG and United Phosphorous Limited (UPL) announced that UPL purchased certain crop protection products from Bayer CropScience. The respective sale and purchase agreements were signed on August 29, 2006. The combined purchase prices total 43.5 million EUR including inventori ... more
United Phosphorus Limited (UPL) incorporated in1969 is a leading global producer of crop protection products, intermediates, specialty chemicals and other industrial chemicals. UPL has its presence across value added Agri inputs ranging from seeds to crop protection and post harvest activit ... more
United Phosphorus De Mexico S.A. De C.V.
United Phosphorus Limited (UPL) incorporated in1969 is a leading global producer of crop protection products, intermediates, specialty chemicals and other industrial chemicals. UPL has its presence across value added Agri inputs ranging from seeds to crop protection and post harvest activit ... more
