COLOMBES, France--(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
420, rue d’Estienne d’Orves – F-92705 Colombes Cedex – France
Tel.: +33 1 49 00 80 80 – Fax: +33 1 49 00 83 96
A French société anonyme (limited company) with share capital of €754,701,730 – Registered in Nanterre: RCS 445 074 685