SK Functional Polymer presents its brand new tie resin OREVAC® 18603, suitable for polyester-based flexible and rigid multilayer packaging. OREVAC® 18603 is a maleic anhydride modified ethylene methyl-acrylate (EMA) copolymer resin. Its high acrylate content gives OREVAC® 18603 outstanding adhesion to miscellaneous substrates like Polyester, PVC or PS. its fine-tune maleic anhydride ratio, allows OREVAC® 18603 to chemically react and adhere to barrier material like Nylon or EVOH. OREVAC® 18603 complies with both FDA and EU food regulations.
SK Functional Polymer expands its portfolio with the launch of two brand new products specifically designed for the gas barrier rigid packaging applications and completes its tie and barrier layers product range for both rigid and flexible multilayer packaging markets.
SK Global Chemical (SKGC) today announced that it has completed the acquisition of Arkema’s Functional Polyolefins business, adding to its leading materials portfolio encompassing Olefins, Aromatics, Performance Chemicals, Polymers and EPDM. The acquisition further broadens SK Global Chemical’s global reach and enhances the company’s ability to meet customers’ current and future challenges. This acquisition will make SK Global Chemical the world’s leading specialty polyolefins company with an outstanding portfolio with significant growth opportunities.
On October 14th 2019, Arkema announced the proposed divestment of its Functional Polyolefins business to SK Global Chemical, a subsidiary of South Korean SK Group. The closing is expected to occur in the second quarter of 2020.