Arkema Plans Fluorspar JV in Canada

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?
Click here to have it sent to you.

Email Address First Name Last Name

Not an IHS Chemical Week 24/7 member yet? Here's why you should be: Searchable online archive access of the last 2 years of Chemical Week. Print or digital magazine subscription Price and market change alerts Economic data and statistics Buyers' Guides Webcasts | whitepapers