Alphacan deal in the pipeline

Arkema Group has announced that its subsidiary, Alphacan, will be transferring its sanitary and heating pipes business to French group, COMAP, in order to refocus on its core business.

The company’s cross linked polyethylene (PEX) systems are produced at the Nevers industrial site in France and used in domestic hot water pipes, heating pipes and floor temperature networks.

Alphacan’s annual sales for sanitary and heating pipes currently amounts to €25m. The company is France’s largest producer of pipes for the sanitary and heating markets with the manufacture of PVC pipes accounting for the bulk of its business.