Arkema Opens New Bostik Manufacturing Capacities in Sweden

Regulatory News:

Bostik, the specialty adhesives business line of Arkema (Paris:AKE), has developed its cementitious product manufacturing capacities, based on its world-class Polymer Modified Binder (PMB) technology, with the opening of a new plant in Helsingborg, Sweden. As a leading global adhesive specialist for construction, consumer and industrial markets, Bostik is extending its presence to serve growing market demand in Northern Europe and the Baltic region.

The facility enlarges the firm’s manufacturing footprint in Europe and will produce a variety of cement-based construction products including tile adhesives, mortars and flooring products, including the firm’s renowned Bostik 1055 Fiber Maxi floor screed.

In the presence of Thierry Le Hénaff, Chairman and CEO of Arkema, at the official plant inauguration on 6 July, Bostik’s Senior Vice President of EMEA, Roland Albers, said, "We are delighted to expand our manufacturing presence in Europe and enhance our ability to serve construction customers in these high growth markets. International expansion in both established and emerging regions remains one of the central elements of our growth strategy and we will continue to invest in new facilities to ensure we effectively meet customer needs.”

The plant boasts state-of-the-art production equipment and will use the latest manufacturing techniques to ensure the highest levels of safety, quality and efficiency. It offers high levels of production flexibility and will enable the firm to deliver in a variety of formats delivered direct to construction sites as well as through distributors including builders merchants and DIY outlets.

Bostik has been active in Sweden since 1911. This new facility represents the latest milestone in its international development following recent plant openings in the USA, Mexico, Philippines and Malaysia.

Bostik is a leading global adhesive specialist in industrial manufacturing, construction and consumer markets. For more than a century, it has been developing innovative adhesive solutions that are smarter and more adaptive to the forces that shape daily lives. From cradle to grave, from home to office, Bostik’s smart adhesives can be found everywhere. With annual sales of €1.6 billion, the company employs 4,800 people and has a presence in more than 50 countries. Bostik is a company of Arkema. Visit www.bostik.com for more information

A designer of materials and innovative solutions, Arkema shapes materials and creates new uses that accelerate customer performance. Our balanced business portfolio spans high-performance materials, industrial specialties and coating solutions. Our globally recognized brands are ranked among the leaders in the markets we serve. Reporting annual sales of €7.7 billion in 2015, we employ approximately 19,000 people worldwide and operate in close to 50 countries. We are committed to active engagement with all our stakeholders. Our research centers in North America, France and Asia concentrate on advances in bio-based products, new energies, water management, electronic solutions, lightweight materials and design, home efficiency and insulation. For the latest, visit www.arkema.com

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