04.06.2015 11:57:00
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Inauguration of Arkema’s Thiochemicals Platform in Malaysia
Regulatory News:
On 4 June 2015, in the presence of His Royal Highness the Sultan of Terengganu and the Federal and State Government authorities of Malaysia, Arkema (Paris:AKE) and CJ invited 500 guests to the inauguration ceremony of their joint platform on the Kerteh site in Terengganu.
The thiochemicals plant, which successfully came on stream in Kerteh, Malaysia, beginning of 2015, was officially inaugurated on 4 June 2015 in the presence of the main Malaysian authorities, the French Ambassador, and Arkema’s main customers in the Asia-Pacific region.
This world-scale thiochemicals platform produces methyl mercaptan, a synthesis intermediate for animal feed, as well as dimethyl disulfide (DMDS). The facility strengthens Arkema’s position as the world leader in high added value sulfur derivatives, and is fully consistent with the Group’s growth strategy in Asia.
The construction of the new plant represented investments of some
€200 million for the Group. With this major project, a first-rate
technological success, Arkema reaffirms its know-how in carrying through
complex industrial projects together with its expertise in thiochemicals.
The
Group confirms its strong expertise of the production process for methyl
mercaptan, a sulfur intermediate that is key to the manufacture of the
bio-methionine on the same site by Korean company CJ CheilJedang using
an innovative biosourced process.
Furthermore, by doubling its DMDS
global capacity, Arkema also sustains the steady growth of the
petrochemicals and refining markets.
Arkema now operates world-scale thiochemicals plants in Europe, the United States and Asia.
"This inauguration is a key event in the short history of Arkema and a very major step in its development. This plant represents a new highly promising growth platform for the future. I take this opportunity to congratulate our teams as well as our partners for this remarkable technical success”, stated Thierry Le Hénaff, Arkema Chairman and Chief Executive Officer.
A global chemical company and France’s leading chemicals producer, Arkema is building the future of the chemical industry every day. Deploying a responsible, innovation-based approach, we produce state-of-the-art specialty chemicals that provide customers with practical solutions to such challenges as climate change, access to drinking water, the future of energy, fossil fuel preservation and the need for lighter materials. With operations in close to 50 countries, some 19,000 employees and research centers in North America, France and Asia, Arkema generates pro forma annual revenue of some €7.5 billion, and holds leadership positions in all its markets with a portfolio of internationally recognized brands.
Arkema
420, rue d’Estienne d’Orves – F-92705 COLOMBES Cedex
– France
Standard : +33 (0)1 49 00 80 80 – Fax : +33 (0)1 49 00 83
96
Société anonyme au capital de 728 226 950 euros – 445 074 685
RCS Nanterre
arkema.com
View source version on businesswire.com: http://www.businesswire.com/news/home/20150604005524/en/
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