Arkema finalizes functional polyolefins sale, strengthens speciality materials focus

French chemicals producer Arkema finalized the planned sale of its Functional Polyolefins business to South Korea's SK Global Chemical on 1 June 2020. Based on an enterprise value of E335 million, the divestment was completed on schedule [ADPO, December 2019, pp. 8–9] and is fully in line with...

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Detalles Bibliográficos
Formato: Online Artículo Texto
Lenguaje:English
Publicado: 2020
Materias:
Strategies
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7535626/
http://dx.doi.org/10.1016/S0306-3747(20)30100-7
Descripción
Sumario:French chemicals producer Arkema finalized the planned sale of its Functional Polyolefins business to South Korea's SK Global Chemical on 1 June 2020. Based on an enterprise value of E335 million, the divestment was completed on schedule [ADPO, December 2019, pp. 8–9] and is fully in line with the group's recently announced strategy to refocus its activities on speciality materials.

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