Acquisition of Arkema's PMMA business

摘要

The sale of the MMA/PMMA business of Arkema (Colombes / France) announced in the spring of 2020 has been agreed upon with binding effect. The French company is selling the activities to Trinseo (Berwyn, Pennsylvania, USA) for just over EUR 1.1 bn in cash. Arkema is thus divesting itself from its last remaining business in the area of engineering polymers and will in the future focus entirely on high-performance plastics such as PA 11 and 12, PEKK and PVDF, which are grouped together in the "Advanced Materials" segment. The transaction is expected to be concluded by mid-2021.