MOSCOW (MRC) -- Arkema announces the project to double its UV curable resins production capacity at its Nansha plant in China. This expansion will support the fast-growing demand in Asia for cutting-edge solutions in electronics, driven by 5G technology, and in renewable energies, said the company.
This investment is fully aligned with the Group’s strategy to develop its Coating Solutions segment with high value-added solutions and reinforce its downstream acrylics activities in Asia. It will enable Arkema to grow its high-performance and solvent-free solutions portfolio for UV curing marketed under the flagship brand Sartomer.
This new expansion is scheduled to come on stream in the second half of 2023 and will provide best-in-class regional supply to customers in Asia. In addition to this new production capacity, which will leverage the most recent process and manufacturing standards, the plant aims at carbon neutral growth thanks to an energy efficiency program, green electricity purchasing and the installation of solar panels.
As per MRC, Arkema is further increasing its fluoropolymer production capacities in Changshu, China, by 35% in 2022. The increase in capacity is scheduled to come on stream before the end of 2022, the company said in a statement. Financial and overall capacity details of the expansion project were not disclosed.
As per MRC, Arkema has brought on stream new Kynar PVDF capacities in its Calvert-City plant in the United States. With this 20% increase in its US production capacities, Arkema will further support its customers’ strong demand in the region. Through this investment and following the successful start-up of a similar expansion at its Changshu, China plant in 2017, Arkema, which operates fluoropolymer production facilities on the three major continents - Europe, North America, and Asia, further consolidates its world-leading position in PVDF.
Arkema is one of the world's leading chemical manufacturers headquartered in Colombes (near Paris, France). Founded in 2004 as a result of the restructuring of the French oil company Total, Arkema, with a turnover of EUR6.5 billion, has operations in 40 countries, 10 research centers around the world, and 85 factories in Europe, North America and Asia.