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Arkema Plans to Sell Plastic Additives Business to Praana
ZACKS· 2025-12-24 16:46
Key Takeaways Arkema will divest impact modifiers and processing aids to Praana; the assets generated 44 million in 2024.ARKAY's sale covers global MBS copolymers and European and Asian AIMPA from its Coating Solutions segment.Arkema will sell the Vlissingen, Netherlands, plant with 50 employees, and keep the Mobile plant.Arkema S.A. (ARKAY) has announced a proposed sale of part of its impact modifiers business and processing aids to the Indian group Praana to streamline and increase focus on its strategic ...