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    AKE   FR0010313833

ARKEMA

(AKE)
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ARKEMA : Receives U.S. Registration for Paladin« Soil Fumigant

07/13/2010 | 11:55am EDT

Regulatory News:

Arkema (Paris:AKE), the world's largest producer of thiochemicals, has been granted registration by the United States Environmental Protection Agency (EPA) for Paladin®, an innovative, pre-plant soil fumigant that is very effective against nematodes parasites, weeds, and soil-borne plant pathogens.

Developed by Arkema's R&D teams, Paladin® is a new and effective soil fumigant based on dimethyl disulfide (DMDS) - a substance derived from sulfur which is naturally present in the environment - for substitution of methyl bromide, which is being gradually banned as part of the Montreal Protocol.

Paladin® soil fumigant has no ozone depletion potential, a low global warming potential, and is short-lived in the atmosphere. It is registered for pre-plant use for tomato, pepper, eggplant, cucumber, melon, strawberry, ornamental and forest nursery crops. It will be marketed in the United States through United Phosphorus Inc. (UPI). UPI has partnered with Arkema during the registration process, and provided field trial management and training during three years of field trials in Florida, Georgia and North Carolina under an EPA-issued Experimental Use Permit (EUP).

«The successful registration of Paladin® was made possible by the effective teamwork within Arkema and UPI. Since 2004, extensive R&D studies and over 250 field trials in 15 countries have been carried out to assess the potential impact of Paladin® on the environment and human health as well as its efficiency. Paladin® opens doors to new prospects for Arkema's Thiochemicals » said Philippe Chartres, General Manager, Thiochemicals business unit.

With Paladin® expected to have worldwide application in soil fumigation, registration is being sought in Argentina, Turkey, Morocco, and Mexico. Just weeks ago, Israel issued a temporary registration for Paladin®, the first country to do so.

Paladin® has been shown to be very effective on its own in the control of parasitic nematodes. Co-applied with chloropicrin, Paladin® effectively controls most soil-borne plant pathogens and a wide range of weeds, including yellow and purple nutsedge.

A global chemical company and France's leading chemical producer, Arkema consists of three business segments: Vinyl Products, Industrial Chemicals, and Performance Products. Present in over 40 countries with 13,800 employees, Arkema achieved sales of 4.4 billion euros in 2009. With its seven research centers in France, the United States, and Japan, and internationally recognized brands, Arkema holds leadership positions in its principal markets.

Paladin® is a registered trademark of Arkema. More information on www.paladin.com

ARKEMA www.arkema.com

420, rue d'Etienne d'Orves – F-92705 COLOMBES Cedex

Standard : +33 (0)1 49 00 80 80 - Fax : +33 (0)1 49 00 83 96

Société anonyme au capital de 612 793 970 euros

445 074 685 RCS Nanterre

Investor Relations:
Sophie Fouillat Tel. : +33 1 49 00 86 37 sophie.fouillat@arkema.com
Jérôme Raphanaud Tel : +33 1 49 00 72 07 jerome.raphanaud@arkema.com
or
Press contacts:
Sybille Chaix (Europe) Tel. : +33 1 49 00 70 30 sybille.chaix@arkema.com
Stan Howard (US) Tel. : +1 215 419 70 27 stan.howard@arkema.com


ę Business Wire 2010
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Sales 2021 8 754 M 10 257 M 10 257 M
Net income 2021 1 168 M 1 369 M 1 369 M
Net Debt 2021 428 M 501 M 501 M
P/E ratio 2021 7,16x
Yield 2021 2,38%
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EV / Sales 2022 1,02x
Nbr of Employees 20 185
Free-Float 86,1%
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Technical analysis trends ARKEMA
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Mean consensus OUTPERFORM
Number of Analysts 19
Last Close Price 114,80 €
Average target price 124,16 €
Spread / Average Target 8,15%
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Managers and Directors
Thierry le HÚnaff Chairman & Chief Executive Officer
Marie-JosÚ Donsion Chief Financial Officer
Christian Collette Chief Technical Officer
Marc Schuller Chief Operating Officer
Laurent Mignon Independent Non-Executive Director
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