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Stock impact report

Arkema Announces Plans to Develop Supply of Fluorinated Specialty Solution 1233zd

ARKEMA S/ADR (ARKAY) 
NASDAQ:AMEX Investor Relations: arkema.com/en/investor-relations
Company Research Source: Business Wire
COLOMBES, France--(BUSINESS WIRE)--Regulatory News:Arkema (Paris:AKE) announces the finalization of an agreement with Chinese producer Aofan to manufacture 1233zd in China. At the same time, Arkema will accelerate its detailed planning of additional capacity at its Calvert City site in the United States. Both projects will support increasing market needs for sustainable solutions in high efficiency insulation materials and in emerging applications such as batteries for electric vehicles.1233zd optimizes performance and cost effectiveness in a variety of existing and new foam applications. When incorporated into insulating foam, this sustainable solution provides up to 20 percent thermal insulation gain compared to existing solutions, thereby reducing energy consumption of residential and commercial buildings.As part of Arkema’s ongoing development of sustainable solutions, 1233zd opens new fields of applications in battery thermal management of electrical vehicles.Aofan’s initial Show less Read more
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