COLOMBES, France–(BUSINESS WIRE)–Regulatory News:
Arkema (Paris:AKE) announces the project to double its UV curable resins production capacity at its Nansha plant in China. This expansion will support the fast-growing demand in Asia for cutting-edge solutions in electronics, driven by 5G technology, and in renewable energies.
This investment is fully aligned with the Group’s strategy to develop its Coating Solutions segment with high value-added solutions and reinforce its downstream acrylics activities in Asia. It will enable Arkema to grow its high-performance and solvent-free solutions portfolio for UV curing, marketed under the flagship brand Sartomer®.
This new expansion is scheduled to come on stream in the second half of 2023 and will provide best-in-class regional supply to customers in Asia.
In addition to this new production capacity, which will leverage the most recent process and manufacturing standards, the plant aims at carbon neutral growth thanks to an energy efficiency program, green electricity purchasing and the installation of solar panels.
“We are committed to continuously develop innovative materials and sustainable technologies to meet the robust demand driven by megatrends such as new technologies, clean mobility and urbanization” explains Laurent Peyronneau, Vice-President of Arkema’s Coating Solutions. “This new capacity will enable us to provide our latest innovative photocure resin solutions and tailored services to our customers and partners in Asia.”
For more information about Arkema’s commitment to developing innovative and sustainable solutions, visit here.
For more information about UV curing specialties, visit sartomer.com.
Building on its unique set of expertise in materials science, Arkema offers a portfolio of first-class technologies to address ever-growing demand for new and sustainable materials. With the ambition to become in 2024 a pure player in Specialty Materials, the Group is structured into 3 complementary, resilient and highly innovative segments dedicated to Specialty Materials -Adhesive solutions, Advanced Materials, and Coating Solutions- accounting for some 82% of Group sales in 2020, and a well-positioned and competitive Intermediates segment. Arkema offers cutting-edge technological solutions to meet the challenges of, among other things, new energies, access to water, recycling, urbanization and mobility, and fosters a permanent dialogue with all its stakeholders. The Group reported sales of around €8 billion in 2020, and operates in some 55 countries with 20,600 employees worldwide.
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Contacts
Investor relations
Béatrice Zilm
+33 (0)1 49 00 75 58
beatrice.zilm@arkema.com
Peter Farren
+33 (0)1 49 00 73 12
peter.farren@arkema.com
Mathieu Briatta
+33 (0)1 49 00 72 07
mathieu.briatta@arkema.com
Caroline Chung
+33 (0)1 49 00 74 37
caroline.chung@arkema.com
Media
Gilles Galinier
+33 (0)1 49 00 70 07
gilles.galinier@arkema.com
Véronique Obrecht
+33 (0)1 49 00 88 41
veronique.obrecht@arkema.com
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