Arkema announces coatings resins acquisition project

Arkema has announced a project to acquire the coatings resins (Cray Valley and Cook Composite Polymers) and photocure resins (Sartomer) businesses of Total’s Specialty Chemicals activities for a €550m (£466m) enterprise value.

The company states this project would establish Arkema as a leader in the global coatings resins market, increasing the downstream integration of its acrylics chain while offering major potential for growth and synergies.