Arkema announces a worldwide expansion of its bis-peroxide capacity Business Wire COLOMBES, France -- June 18, 2013 RegulatoryNews: Arkema (Paris:AKE) is announcing a 15% debottlenecking of its bis-peroxide capacity in both its Spinetta (Italy) and Franklin (Virginia) factories. This new capacity will allow Arkema to respond immediately to strong demand in the synthetic rubber crosslinking industry, in particular in Asia, and to support recent developments in fast-growing markets. This increase capacity, already effective, is the first stage of a multi-step plan which intends to grow the global bis-peroxide capacity by 30% by end 2014. With its two brands Luperox^® and Vulcup^®, Arkema is the world leader in the production of bis-peroxide (Bis-Isopropylbenzene-Peroxide), an organic peroxide largely used in the crosslinking of rubber in various sectors such as wire & cable, automotive and footwear. The bis-peroxide market is expected to grow by some 6%/year in the 3 main regions of Asia, Americas and Europe. Arkema has recently developed the Luperox^® FreeO grade which provides an alternative to current crosslinking technologies used extensively today in the foamed EVA industry, as it has the advantage of producing no strong smelling and persistent VOCs (Volatile Organic Compounds), a characteristic which has become a major expectation especially for footwear manufacturers. “This new capacity will further strengthen our leadership position in bis-peroxide. But above all, it will allow Arkema to follow the growth of our clients, which is expected to be strong especially in Asia. Arkema will also be able to serve new customers that make the choice to replace traditional crosslinking agents with more eco-friendly bis-peroxide,” indicated Manny Katz, Global Group President, Organic Peroxides. A global chemical company and France’s leading chemicals producer, Arkema is building the future of the chemical industry every day. Deploying a responsible, innovation-based approach, we produce state-of-the-art specialty chemicals that provide customers with practical solutions to such challenges as climate change, access to drinking water, the future of energy, fossil fuel preservation and the need for lighter materials. With operations in more than 40 countries, some 14,000 employees and 10 research centers, Arkema generates annual revenue of €6.5 billion, and holds leadership positions in all its markets with a portfolio of internationally recognized brands. ARKEMA 420, rue d’Estienne d’Orves – F-92705 COLOMBES Cedex – France Standard : +33 (0)1 49 00 80 80 – Fax : +33 (0)1 49 00 83 96 Société anonyme au capital de 623 995 900 euros – 445 074 685 RCS Nanterre arkema.com Contact: Arkema Press Relations Sybille Chaix, +33 1 49 00 70 30 firstname.lastname@example.org or Investor Relations Sophie Fouillat, +33 1 49 00 86 37 email@example.com or Jérôme Raphanaud, +33 1 49 00 72 07 firstname.lastname@example.org
Arkema announces a worldwide expansion of its bis-peroxide capacity
Press spacebar to pause and continue. Press esc to stop.