Arkema leading organic peroxides producer constructing new organic peroxide plant in China

Arkema to construct organic peroxide plant in China

7:03 AM, 10th January 2014
Arkema constructing new organic peroxide plant in China

COLOMBES, FRANCE: Arkema, the world’s second leading producer of organic peroxides, will construct a new organic peroxide plant on its Changshu site in China. This investment will help double the site’s production capacity. By doubling its production capacity in China, Arkema will continue to support the strong growth in the organic peroxide market in Asia, a region in which the Group is also a producer in India, South Korea and Japan. The new Changshu plant is expected to come on stream in early 2016.

The doubling of capacities at the Changshu organic peroxide site illustrates the development strategy pursued by Arkema’s High Performance Materials segment, while further boosting the Group’s presence in high growth countries where Arkema looks to achieve 30 per cent of its sales by 2016.

“These new capacities reinforce our leadership position in the organic peroxide Asian market for the initiation of polymerization reactions. Our customer service, together with an optimum industrial and logistics model as well these new capacities will enable us to support our customers’ strong growth in China, particularly in the growing plastics markets for the construction, packaging and automotive sectors,” stated Manny Katz, Global President, Organic peroxides, Arkema.

 

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