Arkema Starts New Kynar® Fluoropolymer Production Capacities in China
April 21 2017 - 2:45AM
Business Wire
Regulatory News:
Arkema (Paris:AKE) has just successfully brought on stream
new Kynar® PVDF capacities on its Changshu platform
near Shanghai. With this 25% increase in its production capacities
in China, Arkema, which runs PVDF production plants on 3 continents
(Europe, North America and Asia), has consolidated its world
leading position in PVDF.
This new investment in Kynar® fluoropolymers supports Arkema’s
ambition in Technical Polymers and its growth strategy for the High
Performance Materials segment. It will enable the Group to continue
sustaining its customers’ growth in Asia, in particular in the new
energies (batteries and photovoltaics) and water management
markets, as well as in more traditional applications like
construction coatings and the chemical process industry.
Arkema’s PVDF plant in Changshu has undergone a significant
expansion since its start-up in 2011. Following a 50% capacity
increase in 2012 and this new 25% increase, the plant is sized to
meet further growth in the region. Moreover it has shown a
remarkable operating performance in terms of both reliability and
quality for several years.
A designer of materials and innovative solutions, Arkema
shapes materials and creates new uses that accelerate customer
performance. Our balanced business portfolio spans high-performance
materials, industrial specialties and coating solutions. Our
globally recognized brands are ranked among the leaders in the
markets we serve. Reporting annual sales of €7.5 billion in 2016,
we employ approximately 20,000 people worldwide and operate in
close to 50 countries. We are committed to active engagement with
all our stakeholders. Our research centers in North America, France
and Asia concentrate on advances in bio-based products, new
energies, water management, electronic solutions, lightweight
materials and design, home efficiency and insulation.
www.arkema.com
Arkema420, rue d’Estienne d’Orves –
F-92705 Colombes Cedex – FranceTel.: +33 1 49 00 80 80 – Fax: +33 1
49 00 83 96A French société anonyme (limited company) with share
capital of €754,701,730 – Registered in Nanterre: RCS 445
074 685arkema.com
View source
version on businesswire.com: http://www.businesswire.com/news/home/20170420006252/en/
ArkemaPRESSVéronique Obrecht, +33 1 49 00 88
41veronique.obrecht@arkema.comouINVESTOR RELATIONSSophie
Fouillat, +33 1 49 00 86 37sophie.fouillat@arkema.comorFrançois
Ruas, +33 1 49 00 72 07francois.ruas@arkema.com
Safety First Trust Safety First Trust Principal-Protected Certificates Linked TO A Global Index Basket Structured Product (AMEX:AKE)
Historical Stock Chart
From Oct 2024 to Nov 2024
Safety First Trust Safety First Trust Principal-Protected Certificates Linked TO A Global Index Basket Structured Product (AMEX:AKE)
Historical Stock Chart
From Nov 2023 to Nov 2024