Arkema Announces Plans to Develop Supply of Fluorinated Specialty Solution 1233zd
June 07 2021 - 2:30AM
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 capacity of 5 kt/year is expected to be
commissioned mid- 2022. The investment being planned for Calvert
City will add 15 kt/year capacity for an estimated amount of US$ 60
million and is expected to start in late 2023.
1233zd is part of the new generation of fluorospecialties with
no or minimal emissive impact, aligned with Arkema’s sustainable
development strategy to address the opportunities linked to global
mega-trends.
Building on its unique set of expertise in materials science,
Arkema offers a portfolio of first-class technologies to
address ever-growing demand for new and sustainable materials. With
the ambition to become in 2024 a pure player in Specialty
Materials, the Group is structured into 3 complementary, resilient
and highly innovative segments dedicated to Specialty Materials
-Adhesive solutions, Advanced Materials, and Coating Solutions-
accounting for some 82% of Group sales, and a well-positioned and
competitive Intermediates segment. Arkema offers cutting-edge
technological solutions to meet the challenges of, among other
things, new energies, access to water, recycling, urbanization and
mobility, and fosters a permanent dialogue with all its
stakeholders. The Group reported sales of around €8 billion in
2020, and operates in some 55 countries with 20,600 employees
worldwide. www.arkema.com
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INVESTOR RELATIONS CONTACTS Béatrice Zilm +33 1 49 00 75
58 beatrice.zilm@arkema.com Peter Farren +33 1 49 00 73 12
peter.farren@arkema.com Mathieu Briatta +33 1 49 00 72 07
mathieu.briatta@arkema.com Caroline Chung +33 1 49 00 74 37
caroline.chung@arkema.com
MEDIA CONTACTS Gilles Galinier +33 1 49 00 70 07
gilles.galinier@arkema.com Véronique Obrecht +33 1 49 00 88 41
veronique.obrecht@arkema.com
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