Bostik, Arkema’s Adhesives segment, achieved almost €2.3 billion (approximately $2.5 billion) in revenue in 2021. An increase of 14.1% over 2020, this represented 24% of Arkema’s total revenue for the year.
Jeff Merkt, president and CEO of Bostik Inc., credits strong organic volume and pricing growth, as well as the impact of key acquisitions, for the increase. “Overall, our regional presence remained stable, while our mix by market evolved slightly, with a stronger focus on the Durable Goods segment,” he said.