# Arkema to acquire PMP in China

Arkema announced the planned acquisition of Shanghai Zhiguan Polymer Materials (PMP), a Chinese specialist in hot-melt adhesives for the consumer electronics market. The deal is expected to close in Q1 2022.

- Type: Acquisition
- Announced: 2022-02-21
- Where: Shanghai, China
- Value: $1.65B
- Status: announced
- Products: hot-melt adhesives, reactive hot-melt polyurethane adhesives
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Bostik](https://endata.com/companies/7030.md) (partner)
- [Arkema](https://endata.com/companies/7031.md) (acquirer)
- [Ashland Global Holdings Inc](https://endata.com/companies/23383.md) (target)
- [Shanghai Zhiguan Polymer Materials](https://endata.com/companies/61161.md) (target)

## Sources

- [arkema.com](https://www.arkema.com/global/en/media/newslist/news/global/corporate/2022/20220221-arkema-acquisition-pmp-china/), 2022-02-21: "Arkema is expanding its offer of engineering adhesives with the planned acquisition of Shanghai Zhiguan Polymer Materials (PMP), specialized in hot-melt adhesives for the consumer electronics market."
- [chemanager-online.com](https://chemanager-online.com/en/news/arkema-boosts-adhesives-with-china-buy), 2022-02-23: "Arkema said the acquisition is in line with the strategy of its adhesive solutions arm Bostik to build a strong position in the attractive engineering adhesives market."
- [labelsandlabeling.com](https://www.labelsandlabeling.com/labels/labels/labels/news/substrates-adhesives/arkema-buys-ashland%E2%80%99s-performance-adhesives-unit), 2022-03-02: "The sale of our Performance Adhesives business completes our journey as a focused additive and specialty ingredients company with leadership positions in life sciences, personal care, and coatings."
- [european-coatings.com](https://www.european-coatings.com/news/markets-companies/arkema-to-acquire-pmp-in-china/), 2022-03-08: "Arkema is expanding its offer of engineering adhesives with the planned acquisition of Shanghai Zhiguan Polymer Materials (PMP)."

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