Joint venture strengthens Bostik instant engineering adhesives business
Investment in Crackless Monomer Co. accelerates development and production of specialty cyanoacrylate monomers on an industrial scale.
Photo Credit: Arkema
Arkema (Colombes, France) announces an investment in CMC (Crackless Monomer Co.), a joint venture between the Arkema Group’s adhesives solution business line, Bostik (France), and Cartell Chemical Co. (Chiayi County, Taiwan) a supplier of cyanoacrylate solutions, to accelerate the development and production of high, value-added engineering adhesives dedicated to the electronics, medical equipment and DIY markets.
CMC, which will be 51%-owned by Bostik for an investment of around US $11 million, will reportedly produce specialty cyanoacrylate monomers on an industrial scale and at a competitive cost.
In addition to falling in line with Bostik's sustainable growth strategy, Arkema says this investment complements the acquisition of Afinitica in 2018, and enables Bostik to further expand its range of instant engineering adhesives, manufactured through a patented and innovative “crackless” process. The adhesives formulated are said to offer added comfort to end users.
Related Content
-
Park Aerospace launches aerospace, MRO structural film adhesive
Aeroadhere FAE-350-1 is a curing epoxy formulation designed for composite, metal, honeycomb and hybrid applications.
-
Scott Bader ATC begins Crestabond MMA structural adhesive production
Scott Bader’s Drummondville, Canada, facility has begun manufacturing and supplying composites-applicable adhesives to its North American customers.
-
Henkel receives Airbus qualification for European aerospace manufacturing facility
The adhesive company’s Montornès, Spain, plant has been approved as a standard and raw materials supplier for various Airbus platforms, adding to its work in lightweighting, fuel efficiency and automation.
