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Arkema Completes Purchase of Dow Acrylics Unit

Friday, January 29, 2010

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Arkema formally completed the acquisition of The Dow Chemical Company’s Acrylic Monomers and Acrylic Latex Polymers (UCAR Emulsion Systems) business in North America.

With the acquisition, Arkema said the UCAR Emulsion Systems Clear Lake, TX, acrylic monomers production site is being integrated into Arkema’s existing acrylics business unit, part of the company’s Industrial Chemicals business segment.

Arkema said the acrylic latex polymers operations form a new business unit dedicated to the paint, coatings, adhesives, and construction product markets, named Arkema Emulsion Systems, part of the Industrial Chemicals business segment.

Polyphoberheology modifiers, formerly part of the UCAR Emulsion Systems product line, are being integrated into Arkema’s Coatex subsidiary. With the addition of Polyphobe products, Coatex extends its portfolio for the paint and coatings industry to the U.S., Canada, Mexico, and Puerto Rico.

Richard Jenkins has been named president of the Emulsion Systems business unit. Jenkins was previously the general manager of Dow’s UCAR Emulsions Systems and Monomers business. He has more than 23 years of industry experience, including leadership positions in technology, marketing, and business in North America and abroad.  He is responsible for 29 patents and the publication of 70 scientific papers during his career in the industry.

Arkema Emulsion Systems is headquartered in Cary, NC, and operates three latex production facilities, in Torrance, CA; Alsip, IL; and Hahnville, LA. Research and development, marketing, sales and administration functions are located at the Cary, NC, headquarters.

Arkema is reported to be the largest chemicals manufacturer in France, and operates three businesses: Vinyl Products, Industrial Chemicals, and Performance Products. The company reported 2008 sales of 5.6 billion euros. The company’s varied product range includes acrylics, fluoropolymers and fluorochemicals, vinyl compounds, and other chemicals.

   

Tagged categories: Acrylic; Arkema Inc.; Dow Chemical Company; Polymers; Raw materials

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