CARY, NC - Arkema has formally completed its acquisition of Dow’s Acrylic Monomers and Acrylic Latex Polymers (UCAR Emulsion Systems) business in North America.
Following this acquisition, the Clear Lake, TX, acrylic monomers production site is being integrated into the existing Acrylics business unit, within the Industrial Chemicals business segment.
The Acrylic Latex Polymers activity forms a new business unit, Arkema Emulsion Systems, which is dedicated to the paint, coatings, adhesives and construction product markets. This new business unit will be part of the Industrial Chemicals business segment. Richard Jenkins has been appointed President of this newly created business unit. Jenkins was previously the General Manager of Dow’s UCAR Emulsions Systems and Monomers business.
Arkema Emulsion Systems is headquartered in Cary, NC, and operates three latex production facilities in Torrance, CA; Alsip, IL; and Hahnville, LA. Research and development, marketing, sales and administration functions are located at the Cary, NC, headquarters.
The Polyphobe™ Rheology modifiers formerly in the UCAR Emulsion Systems product line are being integrated into Arkema’s Coatex subsidiary. By supplying Polyphobe products, Coatex will extend its portfolio for the paint and coatings industry to the United States, Canada, Mexico and Puerto Rico markets.