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Arkema Announces a Proposed Divestment in Plastic Additives [Yahoo! Finance]

ARKEMA S/ADR (ARKAY) 
NASDAQ:AMEX Investor Relations: arkema.com/en/investor-relations
Company Research Source: Yahoo! Finance
of some of its businesses in impact modifiers and processing aids, additives used in the manufacture of PVC profiles, pipes and packaging as well as engineering plastics. With this project, the Group continues to refocus its portfolio on its strategic activities. This proposed divestment concerns Arkema's impact modifiers and processing aids businesses, and covers the global scope for Methyl Methacrylate Butadiene Styrene (MBS) copolymers as well as the European and Asian scope for acrylic copolymers (AIMPA). These activities, part of the Coating Solutions segment, generated €44 million sales in 2024. This project entails the divestment of the Vlissingen production facility in the Netherlands which employs 50 people. On the other hand, Arkema will keep within its scope the Mobile plant (United States) as well as all the entirety of its American AIMPA businesses. These plastic additives enable notably to enhance impact resistance and optimize the productivity of extrusion and m Show less Read more
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