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Arkema SA (AKE.PA)

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Latest Key Developments (Source: Significant Developments)

Arkema's Bostik acquires sealants company Den Braven
Wednesday, 20 Jul 2016 01:00am EDT 

Arkema SA : Subsidiary Bostik expands in high performance sealants with the planned acquisition of Den Braven . Enterprise value is EUR 485 million ($534.13 million), 11 times 2016 EBITDA estimate . Den Braven EUR 350 million estimated sales for 2016 . 12.5% EBITDA margin (2016 estimate) . Synergies assessed at EUR 30 million per year at least, fully achieved within 5 years . EBITDA margin target upgraded to 15% for Bostik by 2020 with recurring capex ranging from 2.5% to 3% of sales . Den Braven's integration will be a new milestone towards achieving target to double Bostik`'s EBITDA by 2020 compared to 2014 . Acquisition comforts company confidence in Bostik's development potential and supports Arkema's 2017 and 2020 targets .Closing is expected to take place in last quarter of 2016.  Full Article

Arkema expands Bostik manufacturing capacities in Malaysia
Wednesday, 25 May 2016 11:35am EDT 

Arkema Sa :Expands Bostik manufacturing capacities in Malaysia.  Full Article

Arkema entrusts Suez with management and recovery of waste
Wednesday, 18 May 2016 04:46am EDT 

Suez Environnement : Arkema entrusts Suez with management and recovery of waste on 28 sites in France .42 million euro ($47.3 million) partnership renewed for four years.  Full Article

Arkema to collaborate with HP
Tuesday, 17 May 2016 09:35am EDT 

Arkema SA :Arkema to collaborate with HP Inc. on material development for new multi jet fusion 3D printing solution.  Full Article

Arkema Q1 EBITDA rises to 302‍​ million euros
Wednesday, 11 May 2016 01:24am EDT 

Arkema SA : Q1 revenue 1.89 billion euros ($2.15 billion) versus 1.87 billion a year ago . Q1 EBITDA 302‍​ million euros versus 237 million euros year ago . Q1 net income group share 98‍​ million euros versus 42 million euros year ago .Reaffirms its confidence in its ability to advance its EBITDA in 2016.  Full Article

Arkema says new Bostik plant opened in Philippines
Tuesday, 19 Apr 2016 11:40am EDT 

Arkema SA:Arkema expands Bostik production capacities in the Philippines.Opening of a new plant in the Philippines.  Full Article

Arkema comments on 2016 guidance, proposes FY 2015 dividend of 1.90 euros/share
Thursday, 3 Mar 2016 01:00am EST 

Arkema SA:FY 2015 dividend proposal of 1.90 euros per share (2014: 1.85 euros per share).Group is confident in its ability to grow its EBITDA in 2016.  Full Article

Arkema decides not to exercise option to increase its rights to acrylics capacities in China
Friday, 29 Jan 2016 11:48am EST 

Arkema SA:Has decided not to exercise its option to increase its rights to acrylics capacities in China.‍Could allocate part of unused funds to make bolt-on acquisitions.  Full Article

Arkema increases production capacity of Bostik adhesives in Mexico
Wednesday, 16 Dec 2015 11:35am EST 

Arkema SA:Increases the production capacity of Bostik adhesives in Mexico.  Full Article

Termination of arbitration procedure against Arkema Group
Friday, 27 Nov 2015 03:05am EST 

Arkema SA:Says Court of arbitration has dismissed all claims made by Klesch Group against Arkema.Says Court of arbitration ordered Klesch Chemicals LTD to pay Arkema 73.6 mln euros in damages and Klesch Group to reimburse to Arkema majority of costs incurred in this procedure.  Full Article

More From Around the Web

BRIEF-Arkema: Bostik acquires floor preparation systems from CGM

* ARKEMA: BOSTIK ACQUIRES FLOOR PREPARATION SYSTEMS FROM CGM, INC. IN THE UNITED STATES Source text for Eikon: Further company coverage: (Gdynia Newsroom)