18.06.2015 • News

Arkema Offers Plastic Sheet Distributor for Sale

In line with its program to divest operations with sales of €700 million and refocus on core businesses, French chemical producer Arkema has announced plans to sell its plastic and aluminium sheet distribution arm Sunclear to the subsidiary’s long-time trading partner BF Invest.

Talks with representatives of Sunclear’s 354 employees in France, Italy and Spain have begun, and the divestment plan will be presented to Arkema France’s central works council on Jun. 25.

Part of the French chemical company’s PMMA business, Sunclear has annual sales of around €180 million and is estimated to have an enterprise value of €105 million. The range of products distributed includes polycarbonate sheet, PMMA sheet and PVC panels.

Interview

The UK Chemical Supply Chain
Trade and Competitiveness

The UK Chemical Supply Chain

The CBA, led by CEO Tim Doggett, is steering the UK chemical supply chain through trade uncertainty, sustainability pressures and logistics challenges, as he explains in this interview with CHEManager.

From Lab to Market Challenge

Vote Now: Germany's Most Promising Chemistry Start-ups
Choose your favourite among the finalists

Vote Now: Germany's Most Promising Chemistry Start-ups

The "From Lab to Market Challenge" brings together the most promising founders from chemistry, materials science, and industrial biotechnology. Starting June 1st, you can cast your public vote for the finalists on CHEManager.com — before the award ceremony with €10,000 in prizes takes place on June 25th.

Top-Feature

most read

Photo
News • Chemistry

VCI Welcomes US-EU Customs Deal

The German Chemical Industry Association (VCI) welcomes the fact that Ursula von der Leyen, President of the European Commission, and US President Donald Trump have averted the danger of a trade war for the time being.