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Dyneon and Arkema have entered into a long-term agreement for the supply of HCFC22 in Europe

- Press release
Corporate - Finance

Dyneon, a world leader in fluoropolymers, and Arkema, a world leader in fluorochemicals, announce the signature of a long-term contract to supply HCFC22* to Dyneon in Burgkirchen (Germany). HCFC22 is a raw material used to produce TFE**, a monomer for PTFE*** and various fluoroelastomers.

 

According to Pierre Chanoine, Executive Vice President Performance Products, “this agreement is designed to provide Dyneon with long-term access to HCFC22 in Europe, and is a further illustration of Arkema’s long-term commitment to fluorochemicals”.


"For Dyneon the agreement with Arkema is a key cornerstone to secure our long term supply for one of our most important raw materials. With Arkema we found a partner, which helps us building a solid base for further sustainable growth", said Michael G.Peters, managing director of Dyneon GmbH.


The HCFC22 will be produced on Arkema’s Pierre-Bénite industrial site (France), from 2010.

 

Dyneon, a 3M company, is one of the world’s leading fluoropolymer producers
Headquartered in Oakdale, Minnesota, USA, the company has operations or representations in over 50 countries, and employs over 800 people worldwide. The German headquarters and production site are located in Burgkirchen.

 

Arkema, a world leader in fluorochemicals
The world’s second largest fluorochemicals producer, Arkema currently operates four industrial facilities on three continents: Pierre-Bénite in France, Zaramillo in Spain, Changshu in China, and Calvert City in the United States. The products manufactured in these four plants are sold under the Forane® trademark to the refrigeration and air-conditioning (construction and automotive), insulating foam, solvent, and aerosol industries.

 

* HydroChloroFluoroCarbon
** TetraFluoroEthylene
*** PolyTetraFluoroEthylene. PTFE resins are used in applications requiring chemical resistance, high service temperature, low friction, and high purity. Markets for these products include automotive, electrical/electronics, and chemical processing.

 

A global chemical player, Arkema consists of 3 coherent and related business segments: Vinyl Products, Industrial Chemicals, and Performance Products. Present in over 40 countries with 15,200 employees, Arkema achieves sales of 5.7 billion euros. With its 6 research centers in France, the United States and Japan, and internationally recognized brands, Arkema holds leadership positions in its principal markets.

 

 

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