Bostik finalizes the integration of Ashland''s performance adhesives to fully capitalize on synergies
COLOMBES, France , July 7, 2022 |PRNewswire| -- Four months after completing the acquisition of Ashland''s Performance Adhesive activities, Bostik, the adhesive solutions segment of Arkema, has finalized the Integration of these activities inside its organization. This milestone signs a major step in Bostik''s ability to deliver expected synergies, and growth. As it Integrates Ashland''s Performance Adhesive activities, and in order to strengthen its customer centricity and ability to develop innovative, more sustainable, high value solutions in a broad variety of markets, Bostik has reorganized its activities and now operates with four market-centered businesses: - Durable Goods brings together Bostik''s legacy durable goods activities and Ashland''s Structural adhesives business, strengthening its ability to develop tailor-made solutions for higher-value markets in Assembly, Mobility, Engineering Adhesives and Building Components; - Advanced Packaging Converting integrates Ashland''s Pressure Sensitive Adhesives and Lamination Coatings activities, strengthening its market leadership and geographic footprint to address the needs of global customers in the rolled goods converting Industry; - Hygiene, Paper Cardboard combines the Bostik Non-Woven and Rigid Packaging businesses, to serve global consumer goods customers in the hygiene and end-of-line packaging Industries. - Construction Consumer remains unchanged, and serves professional and individual construction customers.
Bostik finalizes the integration of Ashland''s performance adhesives to fully capitalize on synergies
COLOMBES, France , July 7, 2022 |PRNewswire| -- Four months after completing the acquisition of Ashland''s Performance Adhesive activities, Bostik, the adhesive solutions segment of Arkema, has finalized the Integration of these activities inside its organization. This milestone signs a major step in Bostik''s ability to deliver expected synergies, and growth. As it Integrates Ashland''s Performance Adhesive activities, and in order to strengthen its customer centricity and ability to develop innovative, more sustainable, high value solutions in a broad variety of markets, Bostik has reorganized its activities and now operates with four market-centered businesses: - Durable Goods brings together Bostik''s legacy durable goods activities and Ashland''s Structural adhesives business, strengthening its ability to develop tailor-made solutions for higher-value markets in Assembly, Mobility, Engineering Adhesives and Building Components; - Advanced Packaging Converting integrates Ashland''s Pressure Sensitive Adhesives and Lamination Coatings activities, strengthening its market leadership and geographic footprint to address the needs of global customers in the rolled goods converting Industry; - Hygiene, Paper Cardboard combines the Bostik Non-Woven and Rigid Packaging businesses, to serve global consumer goods customers in the hygiene and end-of-line packaging Industries. - Construction Consumer remains unchanged, and serves professional and individual construction customers.