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Arkema

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took on debts amounting to 470 million euros to help revive the activity. In response to fears of redundancy and to protests from employees at a number of production sites, the trade unions negotiated, with the Arkema management, industrial and social guarantees as well as support measures designed to protect the rights of employees should the Klesch group implement redundancies following their take-over of the vinyl products activities. Hence two trust funds of €20 M were set up to secure compensation payments and the rights of employees of the companies that were sold off. Following the sale, Arkema reorganized its activities into three business segments: High Performance Materials, Industrial Specialties and Coating Solutions. Each represented about one third of Group turnover.
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Rhône-Poulenc) was formed in 1980 to take over Rhône-Poulenc's chlorochemicals business. Three years later, Total sold its stake in Chloé Chimie to Elf and chemical production in France was reorganized around Atochem, a wholly owned Elf Aquitaine subsidiary that incorporated the activities of ATO Chimie, Chloé Chimie and most of PCUK.
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for involvement in an illegal supply, sales and pricing cartel in the hydrogen peroxide and sodium perborate markets. The Commission found that Arkema's predecessor companies Atochem and Atofina committed the infractions between May 1995 and December 2000. Arkema was fined €78 million in May 2006 for
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In July 2012, Arkema sold for 1 symbolic euro its vinyl products business segment to the Klesch group for reasons of profitability, but also to re-center its operations exclusively on specialty chemicals. As part of this divestment, Arkema made a 100 million euro cash payment to the Klesch group and
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In February 2004, Total, the French-based multinational oil conglomerate announced a reorganisation of its chemicals business. A new company under Total's ownership, named Arkema, was formed on 1 October into which Total placed certain assets held by its Atofina subsidiary, which was then dissolved.
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The year 1990 saw another reorganization of chemical production in France. Orkem's petrochemicals, styrenics, fertilizers and acrylics businesses were integrated into Atochem, while specialties (resin and paint) moved to Total. Montedison's organic peroxide business was acquired. Atochem was renamed
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Starting from upstream acrylic monomers, the Group has built a presence across the coating market. Its portfolio of coating materials and technologies includes waterborne, solvent borne, powder coating resins and additives from Arkema Coating Resins, rheology additives for waterborne coatings from
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In 1989, Elf Aquitaine acquired the American, Pennwalt Corporation and along with M&T Chemicals and Atochem Inc formed Atochem North America Inc. Pennwalt can trace its roots to the formation of The Pennsylvania Salt Manufacturing Co. by five Philadelphia Quakers in 1850. The Pennsylvania Salt
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Coatex produces rheology additives for water-based formulations. Its production sites are located in France (Genay), the Netherlands (Moerdijk), the United States (Chester, South Carolina), Korea (Kunsan), China (Changshu) and Brazil (Araçariguama). Its main brands are Rheocoat, Coadis, Rheocarb,
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Includes thiochemicals (for animal nutrition, gas natural odorant), fluorochemicals (for refrigeration, air conditioning, blowing agent for insulating foam) and hydrogen peroxide (pulp and textile bleaching, chemical synthesis, water treatment). Brands include Albone (hydrogen peroxide), Paladin
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and Total merged their chemical operations into Aquitaine Total Organico (ATO), a joint subsidiary. The same year saw the creation of Produits Chimiques Ugine Kuhlmann (PCUK). The joint venture was renamed ATO Chimie in 1973. A second company, Chloé Chimie (40% Elf Aquitaine, 40% Total and 20%
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MLPC International specializes in the chemistry of carbon sulphide, cyanogen chloride and amines and produces vulcanising agents for the rubber industry. The company was previously known as "Manufacture Landaise de Produits Chimiques". Its origins go back to 1926. Plants are at
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Research and development spending totaled roughly 150 million euros, with half allocated to “green chemistry.” Arkema employs more than 1,200 researchers, whose work focuses on two main areas: ultra-high performance polymers and sustainable development solutions.
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cold. On August 31, explosions were reported to be coming from the plant. These turned out to be "small container ruptures" of burning organic peroxides. A 1.5 mile evacuation zone was set up around the site.
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Total's intention was to spin-off Arkema into an independent listed company. This was achieved on 18 May 2006 when Arkema debuted on the Paris stock market. In June 2011, Arkema joined the
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This segment gathers together four main product lines: specialty polyamides, fluoropolymers (PVDF), molecular sieves for filtration and adsorption and organic peroxides. Brands include
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in May 2006. Turnover in 2021 was €9.5 billion. Arkema operates in more than 55 countries and has 20,200 employees, 13 research centers and 144 production plants.
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part of Arkema's name references the company as a chemicals producer. Arkema was structured into three divisions producing vinyl products (chlorochemicals and
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In 2019 Sartomer won an Adhesives and Sealants Council (ASC) Innovation Award for "An electron Beam curable Resealable Adhesive that only sticks to itself."
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plant. Arkema said it would be unable to prevent an explosion at the plant, after refrigeration equipment failed that kept temperature sensitive
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Manufacturing Co. changed its name to Pennsalt Chemicals Corp in 1957 and merged with Wallace and Tiernan Inc. to form Pennwalt Corp in 1969.
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Elf Atochem in 1992 and merged with Total's chemical businesses into Atofina a year after the takeover of Elf by TotalFina in 1999.
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2012: acquires Chinese Company Hipro Polymers (producer of bio-Polyamides) and Casda Biomaterials (producer of plant raw materials)
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Coatex and photocured resins for optic fibers, graphic arts, electronics, etc. from Sartomer. Brands are EnVia, Rheotec, Sarbio.
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As of 31 December 2010, the major stockholders of Arkema (owning at least 5% of capital declared to AMF) were
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restructured its chemicals business in 2004, but the company's roots go back many years.
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2021 : Acquisition of Ashland's Performance Adhesives business for $ 1.65 billion.
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Watson, Rory (4 May 2006). "Brussels hits chemical cartel companies with ÂŁ400m fines".
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Formed in 2020 by the transfer of Bostik from the High Performance Materials segment.
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2022 : Acquisition of Permoseal, an adhesive solutions company in South Africa.
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Sartomer produces specialty acrylates for UV curing systems (photo-crosslinking).
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Bostik, ArrMaz, Coatex, MLPC International, Sartomer, Den Braven, Casda, Agiplast
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Groupe Bruxelles Lambert: sold all its shares in the capital (March 14, 2012);
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Share of the Pennsylvania Salt Manufacturing Company, issued 20. May 1879
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Since January 1, 2012, the level of 5% reported to AMF was passed by:
1839:"Arkema: No way to prevent explosion at flooded Texas chemical plant" 779: 2153: 2148: 811: 807: 578: 425: 421: 221: 206: 187: 1936:. p. 61 – via The Times Digital Archive hosted by Gale. 2213: 2203: 2163: 2143: 592: 429: 249: 2025:"ARKEMA: FMR LLC OWNS 5.03% OF THE VOTING RIGHTS, AMF SAYS (FR)" 949:
Arkema generates sales of €7.9 billion, broken down as follows:
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Arkema has 144 production facilities worldwide, including 61 in
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2011: acquires Total coating resins (Cray Valley and Sartomer)
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Horton, Alex; Wang, Amy B.; Bever, Lindsey (31 August 2017).
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for over 13 years. Asia alone now accounts for 33% of sales.
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represents 31% of sales. Arkema has had a strong presence in
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The company was created in 2004, as part of French oil major
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2007: Arkema sells its agrochemical business (Cerexagri) to
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Distribution of turnover, activity and manpower by region
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Den Braven makes sealants for insulation and construction.
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2020 : Plexiglas business sold to the American group
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2007: acquires Coatex company (specialty acrylic polymers)
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Total, Elf Aquitaine and Arkema were investigated by the
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International Directory of Company Histories. Vol. 100
487: 1954:. Official Journal of the European Union. 3 May 2006 1544:. Vol. 32, no. 362. Seoul, Korea. p.  1093:. Detroit, Mich.: St. James Press. pp. 36, 37. 53:, and by adding encyclopedic content written from a 752:and marketing subsidiaries in around 40 countries. 432:. A further segment covers chemical intermediates. 1560:"Innovation Awards - Adhesive and Sealant Council" 1509: 1255: 671:agricultural fumigant) and Forane (refrigerants). 1436:"Arkema confirms vinyl unit sale to Klesch Group" 1214:– via Knowledge Library, Gale Power Search. 740:Arkema operates through industrial facilities in 2240: 2052:"Belgium's GBL sells 10 percent stake in Arkema" 1812:"Arkema Reports Explosion, Smoke at Texas Plant" 1428: 1301:"2011 annual and sustainable development report" 886: 726:Casda manufactures sebacic acid from castor oil. 2299:Multinational companies headquartered in France 1887: 770:Arkema has 13 research centers worldwide: 7 in 581:of South Korea to invest in the manufacture of 1658:"France's Arkema enters new development phase" 1438:. reutersmedia.net. 2011-11-23. Archived from 1349: 1275: 881: 2088: 1650: 1195:"Arkema is carved out of old Total block ..." 913: 2027:(Press release). Arkema. 17 September 2012. 556:2010: acquires acrylic Dow assets in the US 540:Acquisitions, disposals and reconfigurations 1420:. Reed Business Information. Archived from 1407: 1405: 1134: 966:Arkema's net debt in 2020 is €1,9 billion. 935: 2095: 2081: 1363: 1335: 146: 91: 1783: 1781: 1779: 1032: 1030: 1028: 1026: 1024: 1022: 1020: 451:Arkema was created when French oil major 73:Learn how and when to remove this message 1809: 1511:"Blu-Tack firm comes unstuck from Total" 1411: 1402: 1191: 1142:"CP50: Arkema Inc., Company Information" 969: 944: 862:Most of Arkema's sales are generated in 640: 548:and its urea-formaldehyde activities to 462: 1507: 866:, which accounts for 36% of the total. 517:) and performance products (additives, 458: 2269:Chemical companies established in 2004 2241: 1931: 1776: 1084: 1082: 1038:"Arkema : Full year 2021 results" 1017: 918: 34:contains content that is written like 2076: 2049: 2031:from the original on 15 February 2013 1508:Spanier, Gideon (19 September 2014). 1257:"Arkema Gets Set for Life on Its Own" 1253: 1088: 617: 609: 2254:French companies established in 2004 1910:. Arkema. 2017-08-31. Archived from 1734:"PrĂ©sentation d'Arkema – Arkema.com" 1412:Stringer, Leigh (23 November 2011). 1113: 652: 18: 1535: 1116:"Elf Aquitaine To Acquire Pennwalt" 1079: 730: 488:Formation, independence and listing 13: 2304:Companies listed on Euronext Paris 1948:"Commission Decision - 32006D0903" 1731: 1254:McCoy, Michael (1 November 2004). 995:Fidelity Management & Research 857: 14: 2315: 1845:. August 30, 2017. Archived from 1810:Molinski, Dan (August 30, 2017). 683:specializes in bonding solutions; 2274:Companies based in ĂŽle-de-France 2224: 2108:(as of 1 October 2023) 2050:Lewis, Barbara (13 March 2012). 1114:Cole, Robert J (21 March 1989). 901:caused the flooding of Arkema's 661: 364: 363: 344: 343: 324: 323: 304: 303: 281: 280: 23: 2043: 2017: 1992: 1966: 1940: 1925: 1900: 1881: 1861: 1831: 1803: 1751: 1725: 1700: 1675: 1625: 1600: 1576: 1552: 1529: 1501: 1474: 1453: 1377: 1310: 1262:Chemical & Engineering News 1226:"Arkema Group - New Beginnings" 1192:Robinson, Simon (11 Oct 2004). 1003:Individual shareholders: 94.0%; 845:Asia and the rest of the world 674: 604: 1247: 1218: 1185: 1160: 1107: 1055: 767:and in the rest of the world. 1: 2279:2006 initial public offerings 2184:Sartorius Stedim Biooutsource 1548:– via Internet Archive. 1359:. Chemeurope.com. 2010-01-27. 1345:. Chemeurope.com. 2007-05-30. 1010: 887:Crosby, Texas plant explosion 800:King of Prussia, Pennsylvania 689:Ecodis, Viscoatex and Coapur. 2264:Specialty chemical companies 2259:Chemical companies of France 2002:. Arkema.com. Archived from 1285:. Arkema.com. Archived from 1232:. 2005-01-12. Archived from 1148:. Putman Media. January 2000 735: 7: 1614:(Press release). 2022-02-28 893:2017 Arkema plant explosion 882:Incidents and legal actions 536:French stock market index. 171:; 20 years ago 10: 2320: 1660:. Icis.com. Archived from 1463:. Chemweek.com. 2012-09-20 1200:ECN-European Chemical News 956:Adhesive Solutions, 25,5%. 914:Preformation legacy issues 890: 446: 2222: 2114: 1588:www.chemanager-online.com 1389:www.chemanager-online.com 1373:. pcimag.com. 2011-09-01. 959:Coating Solutions, 24,5%. 844: 833: 822: 626:(polyamide 11), Luperox ( 428:, advanced materials and 395: 385: 375: 355: 335: 315: 295: 276: 217: 197: 183: 165: 155: 138: 109: 99: 90: 1761:. Arkema. Archived from 1759:"Our Company - Overview" 1536:Kim, Marie (June 2015). 984:Groupe Bruxelles Lambert 953:Advanced Materials, 32%. 936:Research and development 823:North and South America 711:in south-western France. 577:The company also joined 569:2015 : Purchase of 1817:The Wall Street Journal 1612:GlobeNewswire News Room 1063:"About us – Arkema.com" 16:French chemical company 2039:– via Bloomberg. 1791:. AFP. 6 February 2012 1789:"Arkema Resultat 2020" 1487:Business Standard Ltd. 1006:Group employees: 5,5%; 649: 468: 272:and chlorine compounds 970:Shareholder structure 945:Financial performance 644: 466: 130:CAC Next 20 Component 55:neutral point of view 2106:companies of France 1849:on September 1, 2017 1637:www.businesswire.com 1424:on 25 November 2011. 1089:Grant, Tina (2009). 796:Wauwatosa, Wisconsin 792:Cary, North Carolina 459:Origin and evolution 441:Paris stock exchange 2294:Corporate spin-offs 1978:European Commission 1894:The Washington Post 1874:The Daily Telegraph 1172:www.plasteurope.com 1146:Chemical Processing 962:Intermediates, 18%. 919:EU antitrust breach 819: 595:for $ 1.1 billion. 377:Number of employees 87: 47:promotional content 1877:. August 31, 2017. 1324:. 15 November 2006 1322:The Economic Times 1236:on 12 January 2005 1120:The New York Times 976:Greenlight Capital 817: 709:Nouvelle-Aquitaine 650: 618:Advanced Materials 610:Adhesive Solutions 469: 144:FR0010313833  85: 49:and inappropriate 2236: 2235: 2109: 1952:eur-lex.europa.eu 1712:www.mlpc-intl.com 1687:www.mlpc-intl.com 1564:www.ascouncil.org 1174:. 14 October 2004 907:organic peroxides 855: 854: 653:Coating Solutions 546:United Phosphorus 527:urea-formaldehyde 519:organic peroxides 507:hydrogen peroxide 411: 410: 381:20,200 (end 2021) 254:hydrogen peroxide 203:Thierry Le HĂ©naff 83: 82: 75: 2311: 2228: 2107: 2097: 2090: 2083: 2074: 2073: 2067: 2066: 2064: 2062: 2047: 2041: 2040: 2038: 2036: 2021: 2015: 2014: 2012: 2011: 1996: 1990: 1989: 1987: 1985: 1970: 1964: 1963: 1961: 1959: 1944: 1938: 1937: 1929: 1923: 1922: 1920: 1919: 1904: 1898: 1897: 1885: 1879: 1878: 1865: 1859: 1858: 1856: 1854: 1835: 1829: 1828: 1826: 1824: 1807: 1801: 1800: 1798: 1796: 1785: 1774: 1773: 1771: 1770: 1755: 1749: 1748: 1746: 1745: 1729: 1723: 1722: 1720: 1718: 1704: 1698: 1697: 1695: 1693: 1679: 1673: 1672: 1670: 1669: 1654: 1648: 1647: 1645: 1644: 1629: 1623: 1622: 1620: 1619: 1604: 1598: 1597: 1595: 1594: 1580: 1574: 1573: 1571: 1570: 1556: 1550: 1549: 1533: 1527: 1526: 1524: 1522: 1513: 1505: 1499: 1498: 1496: 1495: 1478: 1472: 1471: 1469: 1468: 1457: 1451: 1450: 1448: 1447: 1432: 1426: 1425: 1409: 1400: 1399: 1397: 1396: 1381: 1375: 1374: 1367: 1361: 1360: 1353: 1347: 1346: 1339: 1333: 1332: 1330: 1329: 1314: 1308: 1307: 1305: 1297: 1291: 1290: 1283:"Arkema History" 1279: 1273: 1272: 1270: 1268: 1259: 1251: 1245: 1244: 1242: 1241: 1222: 1216: 1215: 1213: 1211: 1197: 1189: 1183: 1182: 1180: 1179: 1164: 1158: 1157: 1155: 1153: 1138: 1132: 1131: 1129: 1127: 1111: 1105: 1104: 1086: 1077: 1076: 1074: 1073: 1059: 1053: 1052: 1050: 1048: 1042: 1034: 899:Hurricane Harvey 897:In August 2017, 820: 816: 731:Arkema worldwide 645:Usine Arkema de 636:Molecular Sieves 628:Organic Peroxide 407: 404: 402: 370: 367: 366: 360: 350: 347: 346: 340: 330: 327: 326: 310: 307: 306: 298:Operating income 290: 284: 283: 242:synthetic resins 179: 177: 172: 151: 150: 95: 88: 84: 78: 71: 67: 64: 58: 36:an advertisement 27: 26: 19: 2319: 2318: 2314: 2313: 2312: 2310: 2309: 2308: 2239: 2238: 2237: 2232: 2218: 2110: 2101: 2071: 2070: 2060: 2058: 2048: 2044: 2034: 2032: 2023: 2022: 2018: 2009: 2007: 1998: 1997: 1993: 1983: 1981: 1972: 1971: 1967: 1957: 1955: 1946: 1945: 1941: 1930: 1926: 1917: 1915: 1906: 1905: 1901: 1886: 1882: 1867: 1866: 1862: 1852: 1850: 1837: 1836: 1832: 1822: 1820: 1808: 1804: 1794: 1792: 1787: 1786: 1777: 1768: 1766: 1757: 1756: 1752: 1743: 1741: 1730: 1726: 1716: 1714: 1708:"Our chemistry" 1706: 1705: 1701: 1691: 1689: 1681: 1680: 1676: 1667: 1665: 1656: 1655: 1651: 1642: 1640: 1631: 1630: 1626: 1617: 1615: 1606: 1605: 1601: 1592: 1590: 1582: 1581: 1577: 1568: 1566: 1558: 1557: 1553: 1534: 1530: 1520: 1518: 1516:The Independent 1506: 1502: 1493: 1491: 1480: 1479: 1475: 1466: 1464: 1459: 1458: 1454: 1445: 1443: 1434: 1433: 1429: 1410: 1403: 1394: 1392: 1391:. 9 August 2012 1383: 1382: 1378: 1369: 1368: 1364: 1355: 1354: 1350: 1341: 1340: 1336: 1327: 1325: 1316: 1315: 1311: 1306:. 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