January
Bostik acquires LIP
LIP Bygningsartikler AS (LIP) is the Danish leader in tile adhesives, sealing systems and floor preparation solutions. Like the acquisition of Prochimir in October 2019, this transaction reflects Arkema’s strategy to continue to expand its Bostik Adhesives business through targeted acquisitions.
June
Disposal of our functional polyolefins business
This sale to SK Global Chemical was part of Arkema’s strategy to refocus its Specialty Materials businesses. With revenue of €250 million, this business produced ethylene copolymers and terpolymers for food packaging, cables, electronics and coatings.
