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Arkema SA (AKE.PA)

AKE.PA on Paris Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Arkema targets FY EBITDA in upper end of 1.31-1.35 billion euros range
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - ARKEMA SA ::Q3 SALES UP 10 PERCENT YOY TO EUR 2.02 BILLION.Q3 EBITDA UP 17 PERCENT AT EUR 355 MILLION.Q3 NET INCOME GROUP SHARE EUR ‍​142 MILLION VERSUS EUR 96 MILLION YEAR AGO.GENERATED +EUR 274 MILLION IN FREE CASH FLOW IN Q3 (VERSUS EUR 245 MILLION YEAR AGO).GLOBAL MACRO-ECONOMIC ENVIRONMENT EXPECTED TO REMAIN VOLATILE IN Q4 2017.EXPECTS CONTRASTING TRENDS ACROSS GROUP'S END-MARKETS AND GEOGRAPHIC REGIONS IN Q4.IN Q4, EXPECTS HIGHER RAW MATERIALS PRICES THAN LAST YEAR AND STRONGER EURO AGAINST US DOLLAR.TARGETS FY EBITDA IN UPPER END OF EUR 1.31 BILLION TO EUR 1.35 BILLION RANGE ANNOUNCED IN AUGUST.  Full Article

Bostik acquires XL Brands in flooring adhesives in the United States
Monday, 6 Nov 2017 

Nov 6 (Reuters) - Arkema Sa :Bostik acquires XL Brands in flooring adhesives in the United States.Bostik says ‍offer for XL Brands​ based on a US$205 million enterprise value.  Full Article

Arkema's subsidiary Bostik acquires XL Brands in the United States
Monday, 6 Nov 2017 

Nov 6 (Reuters) - ARKEMA SA ::ARKEMA: BOSTIK ACQUIRES XL BRANDS IN FLOORING ADHESIVES IN THE UNITED STATES.ARKEMA SA - ‍XL BRANDS OFFER BASED ON A US$205 MILLION ENTERPRISE VALUE​.‍WITH TRANSACTION, CO PURSUES DEVELOPMENT STRATEGY IN ADHESIVES THAT SHOULD EXCEED 1/3 OF GROUP SALES BY 2023​.‍PROPOSED ACQUISITION EXPECTED TO CLOSE END 2017 ​.  Full Article

Arkema Inc provides update on Crosby plant
Sunday, 3 Sep 2017 

Sept 3 (Reuters) - Arkema Inc::Arkema Inc-at site in Crosby, Texas, there is clear visual evidence that chemicals in trailers are degrading but they have failed to ignite completely .Update on Arkema Inc. Crosby plant.Arkema Inc says "without ignition, we can't determine if hazard has been fully eliminated".Arkema Inc says proactive measures to safely cause ignition of remaining trailers through controlled means are being taken.Arkema inc says "measures do not pose any additional risk to community, and both Arkema and members of unified command believe this is safest approach".  Full Article

Arkema increases specialty polyamides capacities
Tuesday, 6 Sep 2016 

Arkema SA : Increases its specialty polyamides global capacities . Is increasing its compounding capacities and in 2017 will bring on stream two production lines to manufacture polyamide 11 in addition to polyamide 10 already produced on site .In the United states, a new investment in Birdsboro site (Pennsylvania) will enable manufacture of new pebax biosourced grades for sports and electronics market.  Full Article

Arkema says Bostik synergies "a little ahead of the game" - conf call
Wednesday, 3 Aug 2016 

Arkema SA : Says with regards to Bostik synergies co is "a little ahead of the game" - conference call Further company coverage: [AKE.PA] (Gdynia Newsroom:) ((Gdynia.newsroom@thomsonreuters.com; +48 58 772 09 20;)).  Full Article

Arkema Q2 EBITDA rises to ‍​341 million euros
Wednesday, 3 Aug 2016 

Arkema Sa : Q2 revenue 1.95 billion euros ($2.19 billion) versus 2.11 billion euros year ago . Q2 net income group share ‍​147 million euros versus 133 million euros year ago . Q2 EBITDA ‍​341 million euros versus 320 million euros year ago . Will carry out, in the 2nd half of the year, a regulatory maintenance turnaround in Kerteh, Malaysia, in thiochemicals .Reaffirms its confidence in its ability to grow ebitda in 2016, and now targets growth in EBITDA of some 7 pct to 9 pct over the year.  Full Article

Arkema's Bostik acquires sealants company Den Braven
Wednesday, 20 Jul 2016 

Arkema SA : Subsidiary Bostik expands in high performance sealants with the planned acquisition of Den Braven . Enterprise value is EUR 485 million ($534.13 million), 11 times 2016 EBITDA estimate . Den Braven EUR 350 million estimated sales for 2016 . 12.5% EBITDA margin (2016 estimate) . Synergies assessed at EUR 30 million per year at least, fully achieved within 5 years . EBITDA margin target upgraded to 15% for Bostik by 2020 with recurring capex ranging from 2.5% to 3% of sales . Den Braven's integration will be a new milestone towards achieving target to double Bostik`'s EBITDA by 2020 compared to 2014 . Acquisition comforts company confidence in Bostik's development potential and supports Arkema's 2017 and 2020 targets .Closing is expected to take place in last quarter of 2016.  Full Article

Arkema expands Bostik manufacturing capacities in Malaysia
Wednesday, 25 May 2016 

Arkema Sa :Expands Bostik manufacturing capacities in Malaysia.  Full Article

Arkema entrusts Suez with management and recovery of waste
Wednesday, 18 May 2016 

Suez Environnement : Arkema entrusts Suez with management and recovery of waste on 28 sites in France .42 million euro ($47.3 million) partnership renewed for four years.  Full Article

BRIEF-Bostik acquires XL Brands in flooring adhesives in the United States

* Bostik acquires XL Brands in flooring adhesives in the United States