Arkema on 22 February reported all-time-high profitability in full-year and fourth-quarter 2017, and said it is on track with its 2023 globalization and growth strategy. Full-year EBITDA, at €1.391 billion ($1.71 billion), was up 17% year on year (YOY), exceeding the €1.3-billion target that the group set itself in 2014 for 2017. All three divisions—high-performance materials, industrial specialties, and coating solutions— reported EBITDA rises despite higher raw material costs compared with 2016.
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