Arkema recently announced its results for the third quarter of 2020, reporting sales of €1.9 billion (approximately $2.3 billion), a 9% decline at constant scope and currency compared to the 2019 quarter. Volumes declined by 4.4%. According to Arkema, it experienced a rebound in the construction and decorative paints markets; industrial markets remain down overall, despite growth in certain niches with a high technological content such as batteries.

“After a second quarter marked by the development of the Covid-19 health crisis, global demand recovered in the third quarter and was supported in particular by the strong improvement of market segments linked to construction,” said Thierry Le Hénaff, chairman and CEO. “Group volumes reflect a clear rebound compared to the previous quarter.