July
Arkema invests in Continuous Composites
Arkema bolstered its partnership with Continuous Composites, creator of Continuous Fiber 3D Printing (CF3D®) technology. The Group invested in the US startup to accelerate the development of 3D composites, a groundbreaking innovation for strong, lightweight structures in the aeronautics, automotive, and energy sectors, among others. Through its subsidiary Sartomer, Arkema is developing a specific range of photocurable resins for use with CF3D® technology.
September
Bostik acquires Ideal Work
Bostik expanded its range for floors with the acquisition of Ideal Work, an Italian company that specializes in value-added decorative floor technologies, with revenue of €10 million, in line with Arkema’s strategy of targeted growth in groundbreaking adhesive technologies, which round out Bostik’s existing range for the construction industry.
September
A new industrial adhesives plant in Japan
Bostik-Nitta, a joint venture 80% owned by the Group, opened a new world-class industrial adhesives plant in Nara, Japan. This new capacity is helping Bostik to serve its Japanese customers in the ever-expanding markets for diapers, personal care, packaging, labeling, transportation, and electronics.
Decembre
Arkema disposes of its Altuglas International subsidiary
Arkema announced the divestment of its PMMA, or acrylic glass, business to Trinseo for an enterprise value of €1,137 million. This transaction represents a further step in the Group’s transformation program and ambition to become a pure specialty materials player by 2024.
