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Arkema's New Plant Improves Worldwide Supplies Of Ethylene-Vinyl Acetate
Arkema has announced the successful commission of a new high-content ethylene-vinyl acetate (HC EVA) copolymer production unit at its Balan Facility in Ain, France. Located near major supply and transportation arteries, the Balan plant has the capacity to supply 35% of the European HC EVA market and export 30% of its production outside Europe, in particular to North America and Asia. The new plant has been designed to produce classic HC EVA in addition to very-high-content specialty EVA grades. The new unit cost nearly $57 million and is expected to allow Arkema to pursue its development strategy in growth markets.