Regulatory News:
Arkema (Paris:AKE) announced a project to increase its linear mercaptans production capacities to support the demand growth of polymers for transportation and electronics markets. This incremental investment would increase the Houston (Texas) plant's manufacturing capacity by up to 30 percent.
"Arkema is the world's leading producer of mercaptans and other sulfur derivatives, and this investment would further strengthen that position," said Frederic Vartician, Global Group President of Arkema Thiochemicals. "The expansion would position us to better serve our customers' needs and support their growth."
The total new capacity should come online in the first half of 2020.
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 €8.3 billion in 2017, we employ approximately 20,000 people worldwide and operate in close to 55 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
View source version on businesswire.com: https://www.businesswire.com/news/home/20180917005579/en/
Contacts:
INVESTOR RELATIONS
Sophie Fouillat, +33 1 49 00 86 37
sophie.fouillat@arkema.com
or
Arié Taïeb, +33 1 49 00 72 07
arie.taieb@arkema.com
or
MEDIA
Gilles Galinier, +33 1 49 00 70 07
gilles.galinier@arkema.com
or
Véronique Obrecht, +33 1 49 00 88 41
veronique.obrecht@arkema.com