Big news from one of my clients:
Arkema Forms New Coatings Business Unit
Arkema Coating Resins Includes Coatings Assets from Arkema Emulsion Systems, Cook Composites and Polymers and Cray Valley
FOR IMMEDIATE RELEASE
Arkema has combined the assets of its existing Arkema Emulsion Systems with those recently acquired from TOTAL to form Arkema Coating Resins. With more than 20 coating production facilities, six dedicated R&D labs and multiple sales and management offices, Arkema Coating Resins is now one of the largest producers of raw materials for coating formulators in the world.
The new business offers chemistries for almost every coating and related industry application, including architectural paints, industrial finishes, powder coatings, construction products, traffic paints, sealants, adhesives, inks and graphic arts products.
“Everything we do is based around the needs of the formulators,” Richard Jenkins, the newly appointed global group president for Arkema Coating Resins, explained. “This new business unit gives us the scope – in terms of technology, product lines and manufacturing sites along with the global presence to meet those needs in ways few suppliers can. Arkema Coating Resins will provide the chemistry, expertise and reliable global supply our customers need to remain competitive and meet the challenges of the industry today.”
The new business offers many different product lines, including water and solvent based alkyds, polyester resins, powder coating resins, high solid acrylic polyols, additives and one of the industry’s widest range of waterborne emulsions, including 100% acrylic, styrene acrylic, vinyl acrylic, ethylene modified polymers and many others. Additionally, Arkema Coating Resins will be part of a family of Arkema businesses that serve the coatings industry with a comprehensive range of products. This includes products from other business units within Arkema, such as COATEX® rheology modifiers, Acrylic Monomers, KYNAR® fluoropolymers and Sartomer® photocure resins.
According to Jenkins, in bringing these business and technology assets together, Arkema Coating Resins offers a different value proposition to the industry – a major raw material supplier that adapts based on formulator and industry needs.
“One of the most important tenets of the new business is open communication with our customers,” Jenkins said. “The customer needs a partner who understands their needs and responds. If a customer comes to us with a challenge, whether it is related to new environmental standards, end-user performance demands or supply logistics, we will listen, and we will work together to develop the best solution possible.”
Arkema finalized the acquisition of coatings assets from TOTAL on July 1, 2011. To learn more about Arkema Coating Resins, visit www.arkemacoatingresins.com.
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, 14,000 employees and 8 research centers, Arkema generates annual revenue of €5.9 billion and holds leadership positions in all its markets with a portfolio of internationally recognized brands. The world is our inspiration.