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People & Business :: Companies

Arkema Sets Five-Year Financial Growth Plan

7:30 AM MST | November 23, 2010 | Kerri Walsh

 Arkema today announced an "ambitious" five-year growth plan lead by innovation, faster growth in emerging markets, and acquisitions. Arkema says by the end of 20105, it plans to generate Ebitda of more than  €1 billion, and an Ebitda margin of 14%. Sales should total about €7.5 billion, up from 2010 estimated sales of €5.8 billion, the company says. Innovation on sustainability should result in about €400 million in new revenues in the next five years, Arkema says. "Alternative energies, water treatment, composite...

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