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Chemical Week Magazine :: Business & Finance :: Asia/Pacific

Arkema Inaugurates Plants in China, Plans More Investments

2:00 PM MDT | October 14, 2011 | —natasha alperowicz in shanghai, hangzhou and changshu

Arkema officially opened two major manufacturing facilities last week at its Changshu, China site, and it announced a string of additional projects there. Changshu is Arkema’s leading global production platform. China represents a major focus for the company’s investment strategy, CEO Thierry Le Hénaff said at the inauguration. Arkema’s sales in the country have been growing more than 50%/year and are expected to reach about $1.3 billion in 2015, corresponding to approximately 50% of the company’s anticipated Asian sales. Asia...

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