Please find enclosed the Arkema Coating Division Presentation from the Capital Day 2015,June 29 related to Arkema Acrylic Value Chain
I would like to highlight some key messages about Arkema strategy in Acrylics 2004-2014 and from 2015
2004-2014:
A FULL GLOBAL AND INTEGRATED ACRYLIC VALUE CHAIN BUILT OVER THE PAST 10 YEARS
- Competitive world-scale units in Europe, North America and Asia
- A downstream integration in coating materials built from scratch in 6 years Coatex (2007) Emulsions (2010) Cray Valley / Sartomer (2011)
Ambition from 2015 on
- being a global and more resilient leading integrated player
key pillars
==> Very competitive monomer base through Technology leadership, Operational excellence, Successful integration of Sunke’s assets
==> Reinforce acrylic monomers downstream through Partnerships, Geographic expansions, Innovation, Bolt-on acquisitions
Acryic Monomer Demand CAGR: Global 4-5%, NA 2-3%, EMEA: 1-2%, Asia 6-7%
Arkema expect Acrylics situation to move from current "low cycle" to "mid cycle" by 2017
Source: Arkema website