Arkema announces expansion of fluoropolymer (Kynar® PVDF) production capacities in Calvert City in the USA
- Press release
Corporate - Finance - Products
Arkema will increase fluoropolymer (Kynar® PVDF) capacity at its Calvert City plant in the United States by some 20%. The expansion is fueled by strong demand in the new energies and water management markets as well as in more traditional applications (chemical process industry and high performance cables). In line with the strategy presented at its recent Capital Markets Day, this investment, scheduled to start mid-2018, further supports Arkema’s ambition to accelerate the development of its advanced materials, one of the key pillars of its future growth.
Through this investment, Arkema, which operates fluoropolymer production facilities on the three major continents - Europe, North America and Asia -, further consolidates its world-leading position in PVDF marketed under the Kynar® brand.
Having successfully completed a similar expansion at its Changshu, China plant earlier this year, Arkema now invests in the United States. This new capacity will enable the Group to support its customers’ growth in America, particularly in emerging applications such as water filtration and in traditional markets such as the chemical process industry and high performance cables (automobile, fiber optics, oil industry).