# Arkema to divest MMA/PMMA and part of fluorogases to focus on specialty materials

Arkema announced on April 2, 2020 a strategic plan to divest its MMA/PMMA business and explore alternatives for fluorogases, as part of a transformation to focus on specialty materials. The intermediates business had sales of €1.8 billion in 2019.

- Type: Investment
- Announced: 2020-04-02
- Where: France
- Status: announced
- Products: methyl methacrylate (MMA), polymethyl methacrylate (PMMA), fluorogases
- 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)

## Sources

- [chemweek.com](https://chemweek.com/CW/Document/110238/Arkema-to-divest-MMAPMMA-business-part-of-fluorogases-as-it-focuses-fully-on-specialty-materials-Update), 2020-04-02: "Arkema says that since 2006, the year of its spinoff from Total, it has undertaken an in-depth transformation that has enabled it to progressively develop leading positions in specialty materials."
- [borderless.net](https://www.borderless.net/news/energy-and-chemical-value-chain/arkema-to-divest-mma-pmma-business-part-of-fluorogases/), 2020-04-02: "Le Hénaff said that the best option for MMA and PMMA would be to divest the"
- [chemanager-online.com](https://chemanager-online.com/en/news/arkema-outlines-strategy-proposes-divestments), 2020-04-03: "Arkema noted that it has undertaken an in-depth transformation since it was spun out of Total in 2006, with specialty materials now accounting for almost 80% of its sales."

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