# SK Integrated Chemical to acquire Arkema's high-performance polymer business for €335M

SK Integrated Chemical, a subsidiary of SK Innovation, plans to acquire Arkema's functional polyolefin-related business for €335 million. The acquisition includes three production facilities in France and rights to four product lines. The deal is expected to close by the second quarter of 2025.

- Type: Acquisition
- Announced: 2024-01-15
- Where: France
- Value: $365.0M (335.0M EUR)
- Status: announced
- Products: functional polyolefins, ethylene-acrylate copolymers, ethylene-propylene terpolymers, ethylene-vinyl acetate copolymers, MAH graft 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)
- [SK Integrated Chemical](https://endata.com/companies/74961.md) (acquirer)

## Sources

- [haythink.com](https://www.haythink.com/sk-integrated-chemical-plans-to-acquire-arkemas-high-performance-polymer-business/), 2024-01-15: "This is the first time SK Innovation has acquired the business of a European company."

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