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Arkema Starts Up Its Specialty UV/LED Curing Resins' Capacity Expansion in China

COLOMBES, France--(BUSINESS WIRE)--Regulatory News:

Arkema (Paris:AKE) has begun production of Sartomer® specialty UV/LED curing resins at its expanded facility in Nansha, China, where the Group invested to double the capacity, as announced end-2021. This will support the development of more sustainable solutions for fast-growing applications in Asian markets, such as cutting-edge solutions in electronics, driven by 5G technology, and in renewable energies.

The Nansha capacity expansion leverages the most recent process and manufacturing standards. The whole plant has an energy efficiency program, and aims at carbon neutral growth through green electricity purchasing and the installation of solar panels.

“Doubling the capacity of the Nansha plant will allow us to support the growth, innovation and regional supply of our customers in Asia. The accelerating need for lower carbon solutions is creating new opportunities for the UV/LED curing technology, which is expanding fast to a wider range of substrates and applications,” said Richard Jenkins, Senior Vice-President of Arkema’s Coating Solutions.

This key project is part of the Group’s strategy to expand its leading portfolio of high performance and sustainable materials, including UV/LED, powder, waterborne and high solid technologies.

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 91% of Group sales in 2022, 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 €11.5 billion in 2022, and operates in some 55 countries with 21,100 employees worldwide.

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

Press:
Anne Plaisance +33 (0)6 81 87 48 77 anne.plaisance@arkema.com

Arkema

BOURSE:AKE

Release Versions

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

Press:
Anne Plaisance +33 (0)6 81 87 48 77 anne.plaisance@arkema.com

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