# SK综合化学 to acquire Arkema's functional polyolefins business for EUR 335 million

SK Innovation's subsidiary SK综合化学 will acquire Arkema's functional polyolefins business, including three production facilities in France and four product lines, for EUR 335 million. The acquisition is expected to close by Q2 2020.

- Type: Acquisition
- Announced: 2019-10-15
- Where: France, France
- Value: $369.0M (335.0M EUR)
- Status: announced
- Products: ethylene-acrylate copolymers, ethylene-propylene terpolymers, ethylene-vinyl acetate copolymers, MAH grafted polymers
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Arkema](https://endata.com/companies/7031.md) (target)
- [SK디앤디](https://endata.com/companies/20456.md) (acquirer)

## Sources

- [chemnews.com.cn](https://www.chemnews.com.cn/c/2019-10-16/595318.shtml), 2019-10-16: "SK综合化学将收购法国化工巨头阿科玛的功能性聚烯烃相关业务，加强包装领域的竞争力，收购资金为3.35亿欧元。"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.