in this issue
People & Business :: Energy and Feedstocks
Arkema Plans Fluorspar JV in Canada
1:44 PM MDT | June 15, 2011 | Nancy Seewald
Arkema and Canada Fluorspar (CFI; Markham, ONT) have signed a memorandum of understanding to develop a fluorspar mine in St. Lawrence, NL. The total investment in the project will be about C$100 million ($102.7 million), 80% of which will be contributed by Arkema. The mine is expected to be operational in early 2013. Under the deal, the companies will operate the mine as a 50-50 joint venture and Arkema will acquire a 19.9% stake in CFI. The deal will provide Arkema with “long-term competitive access to strategic feedstock for its fluorochemicals...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee