Trinseo acquires Arkema PMMA business

On May 3, Trinseo announced that it has officially completed all procedures for the acquisition of Arkema's PMMA business. In December 2020, Trinseo announced the acquisition of Arkema's PMMA business for 1.137 billion yuan. The six-month transaction will accelerate the growth of Trinseo's global engineering materials business and will bring about US$50 million in synergy. 

Arkema’s PMMA business is a comprehensive business, including the production of methyl methacrylate (MMA) to polymethyl methacrylate (PMMA), as well as the well-known brand Plexiglas in the American continent and other regions in the world. The Altuglas brand is sold.

As a global material solution supplier and manufacturer of plastics, latex adhesives and synthetic rubber, Trinseo has sales of US$3 billion in 2020 and has 17 production bases around the world with approximately 2,600 employees. Arkema's PMMA business will complement Trinseo's high-performance plastic product portfolio (ABS, PC, etc.) and strengthen its position in the automotive, construction and lighting markets, and medical consumer electronics.

In this acquisition, Trinseo added 7 PMMA and MMA product manufacturing plants and 3 R&D centers in Europe and North America.