Arkema has plans to make fresh investments at its Changshu site in China in order to increase its Kynar fluoropolymer capacities by 35 %. The move is being undertaken in the backdrop of growing demand from the lithium-ion battery business and significant opportunities in the water filtration, construction coatings, and semiconductor industries.
Arkema has started up its new capacity i.e. 50 % for Kynar fluoropolymer production at its Changshu facility in China to meet the growing demands of the lithium-ion battery business. The fluoropolymer materials can be used as electrode binders and separator coatings in high performance batteries for electric vehicles and consumer electronics devices.
The American start-up company Adaptive 3D develops premium polymer resins for additive manufacturing. Arkema’s investment in the firm will complement the company’s expertise in UV liquid resin material design and its commitment to accelerate 3D printing manufacturing technology development.
Bostik is investing in the new facility in order to expand its business and also support the company’s growth strategy. The new unit will include numerous production lines for the non-woven industry as well as the industrial markets of packaging, labelling, transportation and electronics.
Under the long-term agreement, Nutrien will supply anhydrous hydrogen fluoride to Arkema for the production of high added value polymers, fluoro-derivatives and fluorogases in the USA. Arkema will also invest 150 million dollars in a 40 kt/year AHF production plant in North Carolina.
With a special focus on its Adhesive Solutions, Advanced Materials, and Coating Solutions business, Arkema plans to become a global Specialty Materials leader. The company has also shared a roadmap as well as outlined its objectives for 2024 at a recently held ‘Strategy Update’ meeting.
Lip is well recognised for its high quality construction chemicals in the Scandinavian market. With the acquisition, Bostik aims to strengthen its presence in the region and also offer its customers with superior solutions.
Arkema is associating with new partners and expanding the use of its high-performance solutions to the 3D manufacturing of composite materials. This new technology, which combines the power of 3D printing and composite materials is to offer new perspectives and new applications in the aeronautics, automotive, energy and construction sectors to meet the growing demand for lightweight materials.