2008-07-24 07:00:00
Arkema Acquires American Gas Odorant Specialist Odor-Tech
COLOMBES, France–(EMWNews)–Regulatory News:
Arkema (Paris:AKE), the world leader in the odorization of natural
gas and liquefied petroleum gas (LPG), announces the acquisition of
Odor-Tech Inc. which specializes in the production, storage and
marketing of odorant blends for the gas market. The contribution from
this activity, which reported sales approaching $ 8M in 2007, will
bolster Arkema’s position in the NorthAmerican
odorants market.
” The acquisition of Odor-Tech Inc. will enable us to significantly
boost our position in North-America, the world’s
leading market for gas odorants. With a region-wide presence and quality
technical support to gas distributors, Odor-Tech Inc. aptly complements
our existing business, which centers on major distributors “,
Arnaud d’Aramon, Managing Director of
Arkema’s Thiochemicals Business Unit, is
pleased to announce.
Natural gas and LPG are inherently odorless. Odorization is key to the
safety of distribution networks.
Arkema has production sites in France (Lacq), the Netherlands
(Rotterdam) and the United States (Beaumont / Texas), and offers a
comprehensive range of products and related services designed to deliver
reliable gas odorization. Arkema markets odorant blends under the
trademarks Spotleak®
for natural gas and Vigileak®
for liquefied petroleum gas.
A global chemical company and France’s
leading chemicals producer, Arkema consists of three strategically
related businesses: Vinyl Products, Industrial Chemicals, and
Performance Products. Arkema reported sales of 5.7 billion euros in
2007. Arkema has 15,200 employees in over 40 countries and six research
centers located in France, the United States and Japan. With
internationally recognized brands, Arkema holds leadership positions in
its principal markets.
ARKEMA
420, rue d’Etienne d’Orves
–
F-92705 COLOMBES Cedex
Standard : +33 (0)1 49 00 80 80 – Fax : +33 (0)1 49 00 83 96
Société anonyme au capital de 612 133 900 euros
445 074 685 RCS Nanterre
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Arkema +33 1 49 00 82 53 Fouillat Relations: |
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