565:
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.
464:
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25:
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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.
927:
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
564:
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
492:
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.
483:
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
657:
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
479:
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
688:
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,
666:
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
475:
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%
694:
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
2072:
940:
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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1974:"The General Court upholds the fines imposed on Arkema France and on its parent companies, Total and Elf Aquitaine, for their participation in the hydrogen peroxide and sodium perborate cartel"
1607:
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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
622:
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.
35:
497:
part of Arkema's name references the company as a chemicals producer. Arkema was structured into three divisions producing vinyl products (chlorochemicals and
588:
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.
560:
2012: acquires Chinese Company Hipro Polymers (producer of bio-Polyamides) and Casda Biomaterials (producer of plant raw materials)
658:
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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1633:"Arkema Finalizes the Acquisition of Permoseal and Strengthens Its Position in Adhesives in South Africa"
892:
1947:
1168:"ATOFINA: Reorganisation of Total´s chemicals division / PA, PMMA and chlorine go to new firm Arkema"
510:
265:
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1973:
1357:"Dow Finalizes Sale to Arkema of Acrylic Acid, Esters and Specialty Latex Assets in North America"
147:
2003:
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1890:"Explosions possible after 'pops' heard at storm-crippled Texas chemical plant, officials say"
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restructured its chemicals business in 2004, but the company's roots go back many years.
124:
8:
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2021 : Acquisition of Ashland's Performance Adhesives business for $ 1.65 billion.
2123:
1932:
Watson, Rory (4 May 2006). "Brussels hits chemical cartel companies with ÂŁ400m fines".
1608:"Ashland completes sale of Performance Adhesives business to Arkema for $ 1.65 billion"
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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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1385:"Arkema Closes Acquisition of Hipro Polymers and Casda Biomaterials | CHEManager"
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Sartomer produces specialty acrylates for UV curing systems (photo-crosslinking).
700:
635:
424:, near Paris, France. It has three specialty materials segments (or divisions);
391:
Bostik, ArrMaz, Coatex, MLPC International, Sartomer, Den Braven, Casda, Agiplast
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1869:"Explosions reported at flooded chemical plant in Texas after Hurricane Harvey"
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1461:"Arkema outlines future growth plans, splits operations into three businesses"
1371:"Arkema Completes Acquisition of TOTAL's Coatings Resins and Photocure Resins"
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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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420:, multi-national manufacturer of specialty materials, headquartered in
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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"
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1936:. p. 61 – via The Times Digital Archive hosted by Gale.
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2025:"ARKEMA: FMR LLC OWNS 5.03% OF THE VOTING RIGHTS, AMF SAYS (FR)"
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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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439:'s restructuring of its chemicals business, and floated on the
191:
1343:"Arkema sells its Urea Formaldehyde Resins business to Hexion"
558:
2011: acquires Total coating resins (Cray Valley and Sartomer)
2208:
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2118:
1888:
Horton, Alex; Wang, Amy B.; Bever, Lindsey (31 August 2017).
878:
for over 13 years. Asia alone now accounts for 33% of sales.
875:
874:
represents 31% of sales. Arkema has had a strong presence in
803:
786:; Carling; Genay; Pierre-Benite; and Verneuil), three in the
435:
The company was created in 2004, as part of French oil major
337:
544:
2007: Arkema sells its agrochemical business (Cerexagri) to
1908:"Explosions and Smoke Reported At Arkema Inc. Crosby Plant"
1842:
997:): declares having +5% of Arkema capital (August 23, 2012);
775:
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286:
818:
Distribution of turnover, activity and manpower by region
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Den Braven makes sealants for insulation and construction.
591:
2020 : Plexiglas business sold to the American group
554:
2007: acquires Coatex company (specialty acrylic polymers)
1318:"United Phos buys French agrochem co Cerexagri for e111m"
1293:
923:
Total, Elf Aquitaine and Arkema were investigated by the
400:
245:
92:
1538:"CJ CheilJedang Actively Ventures Abroad to New Markets"
1482:"Arkema finalises acquisition of adhesive maker Bostik"
1414:"France's Arkema to sell vinyl segment to Klesch Group"
1584:"Arkema to Sell PMMA Business to Trinseo | CHEManager"
1091:
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
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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:
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1134:
966:Arkema's net debt in 2020 is €1,9 billion.
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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:
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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:"Présentation 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
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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:
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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%.
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626:(polyamide 11), Luperox (
428:, advanced materials and
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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:
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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:
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381:20,200 (end 2021)
254:hydrogen peroxide
203:Thierry Le HĂ©naff
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1283:"Arkema History"
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899:Hurricane Harvey
897:In August 2017,
820:
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731:Arkema worldwide
645:Usine Arkema de
636:Molecular Sieves
628:Organic Peroxide
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1708:"Our chemistry"
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1958:1 December
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1643:2022-12-08
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1569:2023-08-10
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1467:2013-01-20
1446:2013-03-22
1395:2022-12-08
1328:2022-12-08
1267:2 December
1240:2022-12-02
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1072:2022-11-28
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