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Regions :: China

Arkema Invests Big in China; Sets 2010 Financial Goals

8:32 AM MDT | October 3, 2007 | Kerri Walsh

Arkema has announced several capacity expansions in China to boost the share of its total sales in Asia from 13%, to 20% by 2012. Arkema made the announcements at an “investor day,” held last week at the company’s Colombes, France headquarters. A capital investment budget of €50 million/year ($70.6 million/year) has been allocated for Arkema’s investments in Asia over the next three years. Arkema says it will double capacity for its tin-based heat stablilizer product range at its Beijing site, to 12,000 m.t./year. Completion of the...

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