Circular economy: Arkema acquires Agiplast

In October 2019, Arkema, the world leader in bio-based high performance polymers, had already launched Virtucycle^®, an ambitious program with Agiplast aimed at developing loops for the collection and regeneration of high performance polymers while minimizing CO₂ emissions.

With this acquisition, Arkema will be the first fully integrated high performance polymer manufacturer offering both bio-based and recycled materials in order to address the challenges of resource scarcity and end-of-life products. This bolt-on acquisition is thus in line with Arkema's CSR and sustainable growth strategy, and in particular the transition to a circular economy.

The deal is expected to close in June 2021.