Bostik acquire adhesive films manufacturer Prochimir

Bostik to acquire thermobonding films manufacturer Prochimir

11:05 AM, 26th July 2019
Bostik Logo

COLOMBES, FRANCE: Bostik, an Arkema company said that it will acquire Prochimir, a company specializing in high performance thermobonding adhesive films. This acquisition would enable Bostik to broaden its offering of solvent-free thermobonding solutions earmarked for many fast-growing industrial applications in the automotive, construction, textile and medical markets. It would position Bostik among world-leading players in thermobonding films, and is part of Bostik’s strategy to expand through acquisitions targeting leading technologies in a market that remains fragmented.

Closing of the deal is expected in fourth quarter 2019.

With its technical expertise and capacity for innovation, Prochimir develops and markets high performance thermobonding films, used in a growing number of applications in the automotive, construction, textile and healthcare sectors. These environmentally sound solutions ensure excellent adhesion on materials, hence addressing many bonding issues.

Prochimir is a renowned expert in thermobond films and breathable membranes with strong commercial positions with its customers, leaders in their markets. The company operates two leading production facilities, in France (Vendee) and in the United States (Virginia), employs 85 people, and currently reports €30 million sales, with steady growth in the last 5 years.

This activity perfectly complements Bostik’s offering in specialty thermobonding solutions, and offers plenty of strong technological and commercial synergies that will speed up Bostik’s development in the fast-growing markets of adhesive bonding.

© Worldofchemicals News

0 Comments

Login

Your Comments (Up to 2000 characters)
Please respect our community and the integrity of its participants. WOC reserves the right to moderate and approve your comment.

Related News


Clariant helps packaging customers protect & improve quality of recycled polymers

MUTTENZ, SWITZERLAND: Clariant Masterbatches and its Packaging Market group, said that it is mobilizing considerable resources to help ensure that an ...

Read more
Covestro starts up new thermoplastic composites’ investments

LEVERKUSEN, GERMANY: Covestro AG said that it is further developing its offerings and capabilities in continuous fibre-reinforced thermoplastic (CFRTP ...

Read more
AZeotropy: India’s Largest symposium for chemical engineering students

India is a country with the largest number of students pursuing engineering. A common platform where students from various parts of the country can ch ...

Read more
Clariant expands facility in India, adds new desiccant packet capability

MUTTENZ, SWITZERLAND: The Clariant Healthcare Packaging business unit said that it is now producing desiccant packets at its plant in Cuddalore, Tamil ...

Read more
McDermott bags technology contract for Indian Oil’s FCC unit

HOUSTON, US: McDermott International Inc has been awarded a sizeable technology contract by Indian Oil Corporation Limited (IOCL). Award includes ...

Read more
Nouryon acquires Chinese metal alkyls producer Zhejiang Friend

AMSTERDAM, NETHERLANDS: Nouryon has acquired Zhejiang Friend Chemical Co. (Friend), the largest Chinese producer of triethyl aluminium (TEAL). TEAL i ...

Read more
www.worldofchemicals.com uses cookies to ensure that we give you the best experience on our website. By using this site, you agree to our Privacy Policy and our Terms of Use. X