Bostik invests $11M in CMC joint venture for cyanoacrylate monomers

Arkema's Bostik is investing around $11 million in CMC, a joint venture with Cartell Chemical Co, to produce specialty cyanoacrylate monomers on an industrial scale for engineering adhesives used in electronics, medical equipment, and DIY markets.

“This investment complements the acquisition of Afinitica in 2018, and enables Bostik to further expand its range of instant engineering adhesives, manufactured through a patented and innovative 'crackless' process.”arkema.com

• 3 sources
• arkema.comBostik strengthens its instant engineering adhesives business | Arkema GlobalJan 19, 2021
• nasdaq.comArkema: Bostik Invests in a Joint Venture With Cartell Chemical Co to Strengthen Its Instant Engineering Adhesives Business | NasdaqJan 19, 2021
• adhesivesmag.comBostik Investment in Crackless Monomer Leads the News | 2021-02-01 | Adhesives & Sealants IndustrySusan SuttonFeb 1, 2021

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