Acrylic Chain Development slide image

Acrylic Chain Development

4 Highlights of the planned acquisition Creation of Sunke, an acrylic acid manufacturing JV in partnership with Jurong Chemical, the leader in acrylic monomers in China • Strong relationship established with Sun Liping, talented entrepreneur and founder of Jurong Chemical ⚫ JV includes the Taixing high quality world-scale acrylic monomer assets started in 2012 • Majority share owned by Arkema Transaction highlights 1st step (summer 2014) access 160 kt/year acrylic acid for US$ 240m • Option to increase quickly to 320 kt/year acrylic acid for additional US$ 235m (beginning 2015) • Additional option within 5 years to acquire full production capacity (480 kt/year) for US$ 165m Key figures • · N US$ 600m expected FY sales contribution with 320 kt/year EBITDA margin expected to be in line with Arkema's mid-term targets ● Relutive from 1st full year ● Current financing resources sufficient to cover the deal ARKEMA INNOVATIVE CHEMISTRY
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