Home / Knowledge / News / Textiles / Arkema to sell SAP biz to Japanese Sumitomo Seika
Arkema to sell SAP biz to Japanese Sumitomo Seika
Mar '08
Arkema presented to the Central Works Council a proposed agreement with Japanese company Sumitomo Seika for the sale to Sumitomo Seika of its business in superabsorbent polymers which will be toll-manufactured by Arkema on its Carling industrial site.

The world's 4th and Asia's 2nd leading producer, with two production plants, in Singapore and in Japan, with a total capacity of 140,000 tons per year, Sumitomo Seika ranks among the main superabsorbent polymer (SAP) players. Arkema has a single production plant, in Carling (France / Moselle), with a 15,000 ton/year capacity, generating annual sales of around €20m.

The acquisition by Sumitomo Seika of the SAP business from Arkema offers a genuine opportunity to develop this activity and strengthen the Arkema Carling plant which will toll-manufacture them:

- through Sumitomo Seika's ranking in SAP markets as well as its know-how in the development of these products
- through Arkema's industrial expertise and the quality of its production teams.

The proposed agreement includes a long-term contract for the supply of acrylic acid produced on the Carling site. It should therefore help consolidate Arkema's Acrylics business by bolstering a direct downstream activity.

The deal, which should become effective on April 1st 2008, is subject to the legal information and consultation procedure with the Arkema France works council.

Arkema Inc

Must ReadView All

Textiles | On 29th Apr 2017

Textile sector may have uniform GST rate: Irani

The textile sector could have a uniform Goods and Services Tax (GST)...

Textiles | On 30th Apr 2017

Government revamping tech mission on cotton

Indian Government is working to revamp the technology mission on...

Apparel/Garments | On 30th Apr 2017

Columbia Sportswear records Q1 net sales of $543.8 mn

Columbia Sportswear Company has announced record net sales of $543.8...

Interviews View All

Manfred Mentges
Sedo Treepoint GmbH

We see a higher demand in colour management systems, as customers see big...

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

Amardeep Singh
Orient Craft

'In export markets, the trend in terms of embroidery, is towards matte...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Eric Scholler

The Indian market has huge potential in technical textiles, and by far,...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Pranav Mishra

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


news category

Related Categories:
April 2017

April 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search