Acrylic Chain Development slide image

Acrylic Chain Development

Structure of the transaction - Creation of a production JV (« Sunke »>>) between Arkema and Jurong • Arkema has a majority stake in the production JV 2014 • Arkema's cash out: US$ 240m 160 kt 160 kt 160 kt* • Expected closing in summer 2014 subject to: - Approval by antitrust and administrative authorities in China Arkema Jurong - Completion of some administrative steps After start up of 3rd line Probably beginning 2015 160 kt 160 kt 160 kt • Option for Arkema to acquire a 2nd line • Cash out for Arkema: US$ 235m Arkema Jurong 2nd option (within 5 years) to acquire Jurong's remaining share for US$ 165m *Under construction ARKEMA INNOVATIVE CHEMISTRY
View entire presentation