You are currently here: News » Industry » Arkema to buy Total’s photocure and coatings resins units
Section: Polyurethanes
  • Written on 09.02.2011 - Industry
  • You have these options:
    • Print this article
    • Article as PDF

Arkema to buy Total’s photocure and coatings resins units

Arkema intends to acquire Total's coatings resins and photocure resins businesses for EUR 550 million. The businesses concerned include the coatings resins (paints, adhesives, etc.) of Cray Valley (Europe, Asia, South Africa) and Cook Composite Polymers (USA), as well as the photocure resins (UV and electron-beam curing resins) of Sartomer (Europe, USA, Asia).

With sales of about EUR 850 million and almost 1,750 employees, these activities will expand Arkema's position in the global coatings resins market and will further increase the downstream integration of its acrylics chain. With a wider product range, including emulsions, photocure resins, rheology additives, alkyd resins, powder resins, fluorinated polymers and copolymers, Arkema will become a leading material suppliers to the global coatings market. The deal is expected to close in the first half of 2011. With operations in more than 40 countries and 14,000 employees, Arkema generates annual revenue of EUR 5.5 billion.


RSS Feed

Are you are new here? Do you want to be always up to date?
Then subscribe to our RSS Feeds and never miss a news again.