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New player in Global chemicals.

Arkema Inc. was launched on October 4, 2004, as part of the reorganization of Total's Chemicals Branch. In Canada, ATOFINA Canada Inc. is now Arkema Canada Inc. With Thierry Le Henaff as CEO of the global organization, Arkema is comprised of three well-balanced business segments: Vinyl Products, Industrial Chemicals, and Performance Products. The new entity has sales of $6 billion, a workforce of 19,300 employees, and enjoys a global presence through its 90 industrial facilities and 6 research centres across Europe, North and South America, and Asia. It also boasts a solid industrial foundation with a large number of processes developed in-house, boosted by innovative R&D focused on customer service and application development.

Largely autonomous and backed by a solid financial structure, Arkema can look forward to the long-term future as an independent company standing out as an innovative and exemplary player in safety and sustainable development. Arkema has the necessary assets to boost its competitiveness through targeted growth in Europe and the U.S., a greater presence in Asia, and its firm ambition to play a leading role in the consolidation of the chemical industry.

Arkema Canada Inc.
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Title Annotation:Atofina Canada Inc. changes its name to Arkema Canada Inc.
Publication:Canadian Chemical News
Article Type:Brief Article
Geographic Code:1CANA
Date:Nov 1, 2004
Words:191
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