This news article was originally written in Spanish. It has been automatically translated for your convenience. Reasonable efforts have been made to provide an accurate translation, however, no automated translation is perfect nor is it intended to replace a human translator. The original article in Spanish can be viewed at Arkema adquiere resinas de revestimiento y resinas fotoreticulables de Total

Arkema acquired coating resins and resin fotoreticulables of Total

08/07/2011

July 8, 2011

Announced on December 7, 2010, this acquisition project has received the approval of the authorities of the jurisdiction of all participating countries and has been completed, according to the schedule on July 1, 2011. Cray Valley, Cook Composites Polymers societies fruit coating resins and resins Sartomer fotoreticulables complete its offer for the liner market and reinforcing the integration at the end of the cycle of its subsidiary acrylic. This new entity, with a turnover of EUR 850 million, allows Arkema to convert from this moment on "one of the world leaders in the market of materials for coverings and paints".

This important acquisition is part of the Arkema growth strategy for the coming years. Acquired assets as a whole represents approximately 1,750 employees distributed in twenty centres on four continents. Thanks to the integration of its activities, Arkema benefited significantly from new engines of growth in Asia with Cray Valley in India and Malaysia mills and a factory of Sartomer that started recently in Nansha, South of Canton (China).