Country for PR: United Kingdom
Contributor: PR Newswire Europe
Saturday, November 10 2018 - 02:12
AsiaNet
Bostik Expands in Instant Engineering Adhesives
COLOMBES, France, Nov. 9, 2018 /PRNewswire-AsiaNet/ --

Arkema is expanding in engineering adhesives with the announcement of the 
acquisition of Afinitica, a Spanish company specializing in instant adhesives, 
also known as cyanoacrylates. This small targeted acquisition will enable 
Bostik to develop a solid position in adhesives used in markets with strong 
growth potential, including electronics and medical equipment, and in many 
other durable goods manufacturing applications. 

(Logo: http://mma.prnewswire.com/media/529564/Bostik_Logo.jpg)
(Photo: https://mma.prnewswire.com/media/777949/Arkema_markets.jpg)
(Photo: https://mma.prnewswire.com/media/777950/Arkema_Adhesives.jpg)

Afinitica has developed and patented a highly innovative manufacturing process 
for cyanoacrylate monomers used in the formulation of instant engineering 
adhesives with a broader scope of applications than traditional cyanoacrylates.

The new adhesives formulated by Afinitica can be used on any type of surface 
and with any material (metal, wood, ceramic, plastics, etc.), and offer the 
advantage of being odorless, non-irritant, and leaving no trace.

Instant adhesives are used in particular in high added value niche applications 
in the electronics markets, with their many applications such as automotive or 
communication, as well as in optical and medical device markets. They are 
enjoying strong growth thanks to the surge in the use of electronics in all 
aspects of everyday life.

With this targeted acquisition, Bostik will expand its existing range of 
assembly adhesives, while also speeding up the development of its offering for 
the durable goods markets.

This acquisition confirms Arkema's commitment to continue the expansion of its 
adhesives business, one of the major drivers of its long-term growth.

A designer of materials and innovative solutions, Arkema shapes materials and 
creates new uses that accelerate customer performance. Our balanced business 
portfolio spans high-performance materials, industrial specialties and coating 
solutions. Our globally recognized brands are ranked among the leaders in the 
markets we serve. Reporting annual sales of €8.3 billion in 2017, we employ 
approximately 20,000 people worldwide and operate in close to 55 countries. We 
are committed to active engagement with all our stakeholders. Our research 
centers in North America, France and Asia concentrate on advances in bio-based 
products, new energies, water management, electronic solutions, lightweight 
materials and design, home efficiency and insulation. http://www.arkema.com

SOURCE: Arkema
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