Arkema Has Finalized the Acquisition of Coatex
Monday October 1, 10:57 am ET
COLOMBES, France--(BUSINESS WIRE)--Regulatory News:
Arkema has finalized the acquisition of the company Coatex and is pleased to welcome this new business unit specialized in the manufacture of high added value acrylic polymers. Its main end-markets include the paper and paint industries, water treatment, as well as cosmetics and textile manufacture.
Coatex's businesses offer strong synergies with Arkema and represent a downstream activity of Arkema's acrylic monomer production sites in Bayport (United States) and Carling (France).
Coatex acquisition is a new significant step of Arkema's in-depth transformation, notably through its dynamic portfolio management.
A global chemical player, Arkema consists of 3 coherent and related business segments: Vinyl Products, Industrial Chemicals, and Performance Products. Present in over 40 countries with 17,000 employees, Arkema achieves sales of 5.7 billion euros. With its 6 research centers in France, the United States and Japan, and internationally recognized brands, Arkema holds leadership positions in its principal markets.
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