Arkema Announces Sale Of Plastic Additives Related Business!

According to Zhuangsu Shijie, Arkema Group plans to sell part of its impact modifiers and processing aids business to India's Praana Group. These additives are widely used in the production of PVC profiles, pipes, packaging materials, and engineering plastics. Through this project, Arkema will continue to refocus its business portfolio on strategic core activities.

The business proposed for divestiture involves Arkema's impact modifiers and processing aids segment, encompassing the global business of methyl methacrylate-butadiene-styrene (MBS) copolymers, as well as the business of acrylic copolymers (AIMPA) in Europe and Asia.

These operations belong to the coatings solutions business segment, with a sales revenue reaching 44 million euros in 2024.

The transaction will include the sale of the Vlissingen production plant in the Netherlands, which currently has 50 employees. Meanwhile, Arkema will retain the Mobile plant in the United States, as well as all AIMPA operations in the Americas.

The core functions of this type of plastic additives include enhancing the impact resistance of PVC and various composite materials in the construction and packaging fields, as well as optimizing the production efficiency of their extrusion and molding processes.

Praana Group of India is a global leader in the production of specialty chemicals and composite materials. It owns Sterling Specialty Chemicals, Galata Chemicals, Artek Surfin Chemicals, and 3B Fibreglass, providing advanced solutions for the construction, textile, automotive, cleaning, and personal care product industries, as well as various industrial markets.

The proposed divestiture transaction is expected to be completed in the first quarter of 2026, and currently requires the initial information notification and consultation process with local employee representative bodies in the Netherlands.

Through this transaction, Arkema will continue to actively manage its business portfolio, further focusing on the strategic core and high value-added businesses in the specialty materials sector.