Arkema has introduced plans to divest components of its effect modifiers and processing aids businesses to Indian specialty chemicals group Praana, continuing its push to target on higher-value strategic activities.
The proposed transaction includes Arkema’s global Methyl Methacrylate Butadiene Styrene (MBS) copolymer operations, in addition to its acrylic copolymers (AIMPA) businesses in Europe and Asia. These activities, which sit within Arkema’s Coating Solutions phase, created €44 million in sales in 2024.
As a part of the deal, Arkema would sell its manufacturing facility in Vlissingen, the Netherlands, which employs around 50 people. The group will hold its Mobile, Alabama site in the US, in conjunction with its whole American AIMPA operations.
The corporations linked to produce plastic components used to enhance effect resistance and raise productivity in extrusion and molding tactics, mainly for PVC profiles, pipes and packaging, as well as for certain composites utilized in construction and packaging applications.
Praana is a major Indian player in specialty chemical and composite materials, bringing collectively Sterling Specialty Chemicals, Galata Chemicals, Artek Surfin Chemicals and 3B Fibreglass. The group provides superior solutions to construction, textile, automotive, cleaning and personal care markets, in addition to a huge variety of industrial sectors.
The proposed divestment is anticipated to close in the first region of 2026, subject to regulatory approvals and a obligatory information and consultation procedures with worker representative bodies in the Netherlands.
With this move, Arkema is stepping up active portfolio management as it sharpens its attention on strategic, higher value-added activities within its Specialty Materials phase.
