Arkema has divested its activated carbon and filter aid business to American group Calgon Carbon, one of the leading players in activated carbon and in purification & filtration solutions, for Euro 145 million. With this project, Arkema continues to refocus its business portfolio on its core business and to implement its divestment program.
A part of the Arkema subsidiary CECA, the activated carbon and filter aid business activity represents sales of some Euro 93 million. It constitutes a coherent entity and is positioned in niche markets in Europe.
It employs around 300 people on 6 industrial sites in France and in Italy: the Parentis, Saint-Bauzile, Riom-es-Montagnes and Abidos sites in France, and the Legnago and Foggia sites in Italy.
By joining Calgon Carbon, the activated carbon and filter aid business will be able to benefit from the size and the strategy of Calgon Carbon in the field of purification and filtration.
Following this divestment, the filtration and adsorption business will be mostly recentered on molecular sieves, surfactants, oilfield chemicals, and phosphorus derivatives.
After finalising the divestment of Sunclear in November 2015, which represented sales of some Euro 180 million, with this new proposed divestment Arkema is actively pursuing the implementation of its objective to divest some Euro 700 million sales between 2015 and 2017.
Activated carbon and filter aid products are used primarily in the environment, agri-food, beverage, chemicals and pharmaceuticals markets.
A part of the Arkema subsidiary CECA, the activated carbon and filter aid business activity represents sales of some Euro 93 million. It constitutes a coherent entity and is positioned in niche markets in Europe.
It employs around 300 people on 6 industrial sites in France and in Italy: the Parentis, Saint-Bauzile, Riom-es-Montagnes and Abidos sites in France, and the Legnago and Foggia sites in Italy.
By joining Calgon Carbon, the activated carbon and filter aid business will be able to benefit from the size and the strategy of Calgon Carbon in the field of purification and filtration.
Following this divestment, the filtration and adsorption business will be mostly recentered on molecular sieves, surfactants, oilfield chemicals, and phosphorus derivatives.
After finalising the divestment of Sunclear in November 2015, which represented sales of some Euro 180 million, with this new proposed divestment Arkema is actively pursuing the implementation of its objective to divest some Euro 700 million sales between 2015 and 2017.
Activated carbon and filter aid products are used primarily in the environment, agri-food, beverage, chemicals and pharmaceuticals markets.
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