Arkema has introduced plans to divest components of its impression modifiers and processing aids companies to Indian specialty chemical substances group Praana, persevering with its push to refocus on higher-value strategic actions.
The proposed transaction covers Arkema’s world Methyl Methacrylate Butadiene Styrene (MBS) copolymer operations, in addition to its acrylic copolymers (AIMPA) companies in Europe and Asia. These actions, which sit inside Arkema’s Coating Options section, generated €44 million in gross sales in 2024.
As a part of the deal, Arkema would promote its manufacturing facility in Vlissingen, the Netherlands, which employs round 50 folks. The group will retain its Cell, Alabama website in america, together with its whole American AIMPA operations.
The companies concerned produce plastic components used to enhance impression resistance and enhance productiveness in extrusion and molding processes, notably for PVC profiles, pipes and packaging, in addition to for sure composites utilized in building and packaging purposes.
Praana is a significant Indian participant in specialty chemical substances and composite supplies, bringing collectively Sterling Specialty Chemical compounds, Galata Chemical compounds, Artek Surfin Chemical compounds and 3B Fibreglass. The group provides superior options to building, textile, automotive, cleansing and private care markets, in addition to a variety of commercial sectors.
The proposed divestment is predicted to shut within the first quarter of 2026, topic to regulatory approvals and a compulsory data and session course of with worker consultant our bodies within the Netherlands.
With this transfer, Arkema is stepping up lively portfolio administration because it sharpens its give attention to strategic, larger value-added actions inside its Specialty Supplies section.
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