As part of the recentering of its surfactant business initiated in 2007, CECA, Arkema's Specialty Chemicals business unit, announces the sale of its quaternary esters and phosphoric esters to Stepan.
" This divestment of a non-strategic business for CECA will allow us to focus our resources on the operational management of our other surfactant ranges for which we offer genuine added value as a specialty chemicals manufacturer ", explains Christophe Villain, CECA's Managing Director.
These activities account for annual sales of the order of € 8 M, and concern two product groups:
The European leader in the quaternary esters market for textile softener production, Stepan operates three industrial facilities in Europe, in Voreppe (France / Isère) which also houses its European headquarters, Wesseling (Germany), and Stalybridge (United Kingdom).
This divestment is part of Arkema's transformation drive, and represents a further step in the recentering of its business portfolio.
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