Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Euronext Paris  >  Arkema    AKE   FR0010313833

Mes dernières consult.
Most popular
News SummaryMost relevantAll newsSector newsTweets

ARKEMA : finalizes the acquisition of an Acrylic Emulsions site in Brazil

share with twitter share with LinkedIn share with facebook
share via e-mail
10/03/2012 | 08:40am CET

Regulatory News:

Arkema (Paris: AKE)

Announced on July 16th this year, the project for the acquisition by the Arkema subsidiary Coatex of an acrylic additives and emulsions production site from Brazilian company Resicryl, was closed on October 1st 2012 as scheduled. This transaction fits perfectly with the Group's strategy to increase its presence in high-growth countries, particularly in Latin America, and strengthen its downstream integration of its acrylics activities.

Arkema is very pleased with this acquisition which helps speed up its development in South America with high added value specialty products. The production site that has been acquired, located in Araçariguama on the outskirts of Saõ Paulo, will be part of Coatex which already runs commercial operations in Brazil. Current Coatex sales in Brazil and those from the new site will generate a turnover of around 20 million U.S. dollars.

The site's production plants will gradually be developed to manufacture without delay Arkema's full range of rheology additives and waterborne emulsions for the mineral industry, paper, construction, water treatment, paint and adhesives, and cosmetics markets.

The Group should therefore be able to draw on the strong growth expected in these markets in Brazil and in South America without delay.

A global chemical company and France's leading chemicals producer, Arkema is building the future of the chemical industry every day. Deploying a responsible, innovation-based approach, we produce state-of-the-art specialty chemicals that provide customers with practical solutions to such challenges as climate change, access to drinking water, the future of energy, fossil fuel preservation and the need for lighter materials. With operations in more than 40 countries, some 14,000 employees and 10 research centers, Arkema generates annual revenue of ?6.5 billion, and holds leadership positions in all its markets with a portfolio of internationally recognized brands.

A subsidiary of the Arkema Group, Coatex specializes in the manufacture and marketing of flow additives used in a large number of markets, including paper, paint and adhesive, the treatment of minerals, detergence, concrete, ceramics, cosmetics, water treatment, textile and leather. With a global presence, industrial sites in France, the Netherlands, the United States, China and Korea, and sales offices on five continents, Coatex reported sales of around ?180 million in 2011.

Investor Relations
Sophie Fouillat, +33 1 49 00 86 37
[email protected]
Jérôme Raphanaud, +33 1 49 00 72 07
[email protected]
Press Relations:
Sybille Chaix, +33 1 49 00 70 30
[email protected]

© Business Wire 2012
share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on ARKEMA
01/19 ARKEMA : Patent Issued for Peroxide Dispersions (USPTO 9861119)
01/11 ARKEMA : Researchers Submit Patent Application, "Water-Soluble Diblock Copolymer..
01/11 ARKEMA : "Water-Soluble Block Copolymer and Use Thereof as a Support Material fo..
01/09 ARKEMA : ACCA Applauds Arkema Commitment to Contractor Professionalism
01/09 ARKEMA : Jean-Marc Viallatte appointed supply chain Vice President of Arkema
2017 ARKEMA : Researchers Submit Patent Application, "Peroxide Vulcanization of Rubbe..
2017 ARKEMA : Patent Issued for E-1-Chloro-3,3,3-Trifluoropropene Production Process ..
2017 ARKEMA : Patent Issued for Enzymatic Pretreatment of Wood in a Method for Produc..
2017 ARKEMA : Patent Issued for Hydrochloric Acid Purification Process (USPTO 9828314..
2017 ARKEMA : Patent Application Titled "Thermoplastic Composite Material Made of a S..
More news
News from SeekingAlpha
2017 Arkema's (ARKAF) Q3 2016 Results - Earnings Call Transcript
2017 Arkema reports Q3 results
2017 WALL STREET BREAKFAST : Dollar In The Doldrums
2017 First responders sue Arkema
2017 Evacuation order lifted near Arkema's Texas chemical plant
Financials (€)
Sales 2017 8 350 M
EBIT 2017 907 M
Net income 2017 515 M
Debt 2017 1 402 M
Yield 2017 2,18%
P/E ratio 2017 15,84
P/E ratio 2018 14,53
EV / Sales 2017 1,14x
EV / Sales 2018 1,09x
Capitalization 8 128 M
Duration : Period :
Arkema Technical Analysis Chart | AKE | FR0010313833 | 4-Traders
Technical analysis trends ARKEMA
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus OUTPERFORM
Number of Analysts 16
Average target price 114 €
Spread / Average Target 6,1%
EPS Revisions
Thierry le Hénaff Chairman & Chief Executive Officer
Thierry Lemonnier Chief Financial Officer
Bernard L. M. Kasriel Independent Non-Executive Director
Patrice Bréant Director
François Énaud Senior Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
ARKEMA2.81%9 932
AIR LIQUIDE4.52%57 043
PRAXAIR5.68%46 347
GIVAUDAN0.71%21 986