Arkema SA Finalizes Divestment of Tin Stabilizer Business to PMC Group

Arkema SA announced that it finalized the divestment of its tin stabilizer business announced in July 2012 to PMC Group, specialized in the manufacture of performance chemicals and plastics. The divested business accounts for sales of around EUR180 Million on three continents, and includes four production sites in the United States, Europe and China. The product range concerned by this divestment consists of tin derivatives, including Thermolite stabilizers used in the production of PVC for construction, Fascat catalysts used in the automotive industry, and a number of fine chemicals.