MOSCOW (MRC) -- Arkema announces the start-up of a new world-scale industrial adhesives plant in Japan. Those new capacities will enable Bostik to serve its Japanese customers in the continuously growing markets of diapers, hygiene, packaging, labelling, transportation and electronics, said the company.
This investment is in line with Bostik’s growth and geographical expansion strategy. Bostik, the Adhesive Solutions segment of Arkema, continues the development of its industrial adhesives business and announces the start-up of a new plant in Nara, Japan, within the Bostik-Nitta JV, 80% owned by the Group.
This new facility includes several production lines dedicated, on the one hand, to adhesives for the non-woven industry (diapers and hygiene) and, on the other hand, to the industrial markets of packaging, labelling, transportation and electronics. It will enable Bostik to support the strong growth of its customers in the disposable hygiene sector in Japan and to expand the manufacturing of certain industrial adhesives ranges in Asia.
This investment represents a new step in the geographical strengthening of Bostik, remaining close to its customers, and confirms its commitment to developing innovative and sustainable products at the highest level of quality and performance.
According to MRC's ScanPlast report, overall PP production in Russia increased in January-July 2020 by 24% year on year to 1,063,700 tonne. ZapSibNeftekhim accounted for the main increase in the output.
Arkema is a global manufacturer in specialty chemicals and advanced materials, with 3 business segments - High Performance Materials, Industrial Specialties, and Coating Solutions - and globally recognized brands. The Group reports annual sales of EUR8.8 billion. Buoyed by the collective energy of its 20,000 employees, Arkema operates in close to 55 countries.
MRC