Arkema Realigns Organization to Focus on Specialty Materials with Three Business Segments
By 2024, Arkema aims to generate sales of €10-11 billion (approximately $10.9-12 billion) for the specialty materials businesses.
At a recent Strategy Update meeting, Arkema presented its ambition to become a world leader in specialty materials realigned around three coherent businesses: Adhesive Solutions, Advanced Materials, and Coating Solutions. In the context of COVID-19, Arkema also provided an update on the management and the consequences of this unprecedented health crisis.
Since 2006, Arkema reports that it has undertaken an in-depth transformation that has enabled it to progressively develop leading positions in specialty materials through targeted investments, an innovation policy focused on the major sustainable development trends, and proactive portfolio management. These activities now account for almost 80% of its sales.
Exclusive Insights: Gain access to in-depth coverage of adhesive and sealant manufacturing, formulations and finished products. Comprehensive Coverage: Stay informed with the latest news and trends through our videos, podcasts, eNewsletters, webinars, continuing education resources, and a monthly eMagazine. Networking Opportunities: Connect with other industry professionals and leaders through our webinars and online platforms.