Country for PR: United Kingdom
Contributor: PR Newswire Europe
Thursday, July 07 2022 - 18:00
Bostik finalizes the integration of Ashland's performance adhesives to fully capitalize on synergies
Colombes, France, July 7, 2022 /PRNewswire-AsiaNet/

Four months after completing the acquisition of Ashland's Performance Adhesive 
activities, Bostik, the adhesive solutions segment of Arkema, has finalized the 
Integration of these activities inside its organization. This milestone signs a 
major step in Bostik's ability to deliver expected synergies, and growth.

As it Integrates Ashland's Performance Adhesive activities, and in order to 
strengthen its customer centricity and ability to develop innovative, more 
sustainable, high value solutions in a broad variety of markets, Bostik has 
reorganized its activities and now operates with four market-centered 

-  Durable Goods brings together Bostik's legacy durable goods activities and 
Ashland's Structural adhesives business, strengthening its ability to develop 
tailor-made solutions for higher-value markets in Assembly, Mobility, 
Engineering Adhesives and Building Components;

-  Advanced Packaging & Converting integrates Ashland's Pressure Sensitive 
Adhesives and Lamination & Coatings activities, strengthening its market 
leadership and geographic footprint to address the needs of global customers in 
the rolled goods converting Industry;

-  Hygiene, Paper & Cardboard combines the Bostik Non-Woven and Rigid Packaging 
businesses, to serve global consumer goods customers in the hygiene and 
end-of-line packaging Industries.

-  Construction & Consumer remains unchanged, and serves professional and 
individual construction customers.

According to Vincent LEGROS, Bostik's CEO, "The acquisition of Ashland's 
Performance Adhesives offers a unique opportunity to pass a threshold in our 
strategy to provide our clients with tailor-made, high-value, innovative 
adhesive solutions. Our new organization is going to help us deliver on this 
strategy, and actively contribute to Arkema's ambition to become a pure 
specialty materials player. All the teams are really excited about the many 
opportunities this is going to generate."

With one of the world's most complete offers on pressure sensitive adhesives as 
well as market leading positions In structural adhesives and flexible 
lamination, this new organisation is going to unlock significant opportunities 
to develop Innovative and more sustainable solutions with customers and with 
the Arkema Group's other businesses, while helping globalize activities on some 
key markets.

About Bostik, the adhesive solutions segment of Arkema

Bostik, a subsidiary of the Arkema Group and a global player in specialty 
adhesives for the construction, consumer and industrial markets, develops 
innovative and multifunctional sealing and bonding solutions that have been 
shaping our daily lives for over 130 years. With annual sales of over 2 billion 
euros, a presence in more than 50 countries, and 6,500+ employees, the company 
is committed to meeting the major ecological, energy and technological 
challenges through its innovations. It is focused on continuous improvement and 
operational excellence to meet the expectations of its customers and partners. 

CONTACT: Hortense BLAZSIN, e-mail: 


Source: Bostik, an Arkema company