Arkema to Build a New Bio-Based Polyamide 11 Powders Plant in China
October 11 2021 - 02:30AM
Business Wire
Regulatory News:
In parallel with its major project to increase global
capacity of bio-based polyamide 11 by 50% in Singapore, Arkema
(Paris:AKE) announces the construction of a polyamide 11 powders
plant on its Changshu platform in China, scheduled to come on
stream in the first quarter of 2023. This investment will further
support the growing demand for advanced bio-circular materials in
Asia.
Rilsan® polyamide 11 powders, currently produced in France
entirely from renewable castor beans, are recognized worldwide for
their superior properties and performance in terms of toughness,
durability, lightweight and processing versatility. They are used
in very demanding applications and provide innovative solutions for
fast-growing markets driven by megatrends such as durable home
appliances, energy-efficient transport, and advanced additive
manufacturing (3D printing) primarily for consumer, industrial, and
aerospace markets.
Beyond the bio-based nature of the powder, this project will
also contribute to Arkema’s ambitious sustainability commitments by
using highly efficient manufacturing processes and by being
physically closer to the new amino 11 plant in Singapore.
“We are very excited about this expansion”, said Erwoan Pezron,
Senior Vice President, High Performance Polymers. “There is strong
and growing demand in Asia across all of our key powders markets
and this added capacity will enable us to supply the region from
within the region.”
This expansion goes hand in hand with the Group’s major
polyamide 11 plant currently under construction in Singapore, which
is on track to start production mid-2022, and is included in the
€450 million exceptional capital expenditure envelope dedicated to
polyamide expansion in Asia.
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 in 2020, 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 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 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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