Arkema Sells One Firm, Buys Another | February 16, 2009 Issue - Vol. 87 Issue 7 | Chemical & Engineering News
Volume 87 Issue 7 | p. 21 | Concentrates
Issue Date: February 16, 2009

Arkema Sells One Firm, Buys Another

Department: Business

Arkema is selling its vinyl compounding business in Vanzaghello, near Milan, Italy, to Italy's Industrie Generali. Arkema will focus its vinyl compounds range on high-tech applications, such as medical equipment, at its other site in Italy, also near Milan. Separately, the French company will acquire Enfield, Conn.-based Oxford Performance Materials, which specializes in poly(ether ketone ketone) technical polymers. Oxford had sales of about $2 million per year. "Arkema has had a long-standing interest in ultra-high-performance polymers that offer outstanding technical differentiation," Arkema CEO Thierry Le Hénaff says.

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