Arkema to Increase Its Global Pebax® Elastomers Production Capacity by 25%
January 17 2022 - 11:30AM
Business Wire
Regulatory News:
To support its customers’ strong growth, in particular in the
sports and consumer goods markets, Arkema (Paris:AKE) will
increase its global manufacturing capacity for Pebax® elastomers by
approximately 25% through an investment at its Serquigny plant in
France.
Arkema announces a 25% increase in its global Pebax® elastomer
production capacity by investing in Serquigny in France. This
investment will notably enable increased production of the
bio-circular Pebax® Rnew® and traditional Pebax® ranges. This new
capacity will produce a variety of highly specialized grades to
meet growing demand in numerous demanding applications thanks to
the lightweight, flexibility and excellent energy return of these
materials. These properties are particularly appreciated in sports
equipment, such as soles for running shoes, ski boots or technical
textile, in consumer goods such as smartphones and flexible
screens, as well as in other markets such as medical equipment.
Derived from renewable castor seeds, Pebax® Rnew® advanced
bio-circular materials offer a sustainable solution to our
customers who are increasingly driven by sustainability and social
responsibility. Compared to other elastomers on the market, these
materials have a carbon footprint that is up to 50% lower and can
be fully recycled. In addition, this investment, which is scheduled
to come on stream mid-2023, will lower the water consumption of the
site by 25% thanks to process optimization.
“We are very excited to commit to an expansion in our Pebax®
elastomers capacity” said Erwoan Pezron, Senior Vice-President of
Arkema’s High Performance Polymers Business Line. “ The Serquigny
plant has a long proven legacy in the production of these advanced
materials, and we are delighted to add this new capacity to support
our customers’ growing demand for high-performance sustainable
materials. We will also continue to produce many of these materials
at our Birdsboro plant in Pennsylvania”.
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.
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A French société anonyme (limited company) with share capital of
€767,364,760 – Registered in Nanterre: RCS 445 074 685 Nanterre
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Investor relations contacts Béatrice Zilm +33 (0)1 49 00
75 58 beatrice.zilm@arkema.com Peter Farren +33 (0)1 49 00 73
12 peter.farren@arkema.com Mathieu Briatta +33 (0)1 49 00 72
07 mathieu.briatta@arkema.com Caroline Chung +33 (0)1 49 00 74
37 caroline.chung@arkema.com
Media contacts Gilles Galinier +33 (0)1 49 00 70
07 gilles.galinier@arkema.com Véronique Obrecht +33 (0)1 49 00
88 41 veronique.obrecht@arkema.com
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