Sponsored By

Arkema-Owned Bostik Buys US Adhesives Firm

The acquisition of Edge Adhesives Texas expands Bostik’s portfolio of high-performance adhesives.

John S. Forrester

May 17, 2021

1 Min Read
ARK_0003187_ORI.jpg
Representative imageImage courtesy of Arkema

Bostik, the adhesive technologies business of specialty chemicals and materials firm Arkema, revealed plans Monday to acquire Edge Adhesives Texas, a US-based supplier of hot-melt adhesives and pressure sensitive adhesive tapes to the residential construction industry.

Arkema said the transaction will expand its range of adhesives offerings in the US market and is in line with its strategy of bolt-on- acquisitions to boost its foothold in the adhesives space and enter new product categories.

The Fort Worth, TX company generates annual sales of about $12 million and has 50 employees, focusing on custom formulations for easy-install window, door and roofing applications.

“In addition to delivering strong technological, industrial, and commercial synergies, the project will enable Bostik to offer its customers an extended range of value-added and sustainable solutions in hot-melt pressure sensitive adhesives,” Arkema wrote in a release.

The company expects the sale to close in the second quarter of this year.

Powder & Bulk Solids reported in late April that Arkema is progressing toward an opening date in the first half of 2022 for its new bio-based polyamide 11 production plant on Jurong Island in Singapore. Once operational, the facility will be that world’s largest integrated bio-factory for high performance polymers, according to the company. The project will boost Arkema’s global polyamide 11 capacity by 50%.

About the Author(s)

John S. Forrester

former Managing Editor, Powder & Bulk Solids

John S. Forrester is the former managing editor of Powder & Bulk Solids.

Sign up for the Powder & Bulk Solids Weekly newsletter.

You May Also Like