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Bostik completes acquisition of Nitta Gelatin's adhesives

06 Aug '18

1 min read

Courtesy: Arkema

Bostik has completed the acquisition of the industrial adhesives of Nitta Gelatin Inc by the Bostik-Nitta joint-venture in Japan. The acquisition will help Bostik to step up its development particularly in the fast-growing nonwoven markets for hygiene applications and in the packaging, labelling, transportation and electronics industrial markets.

The acquisition will be complemented by the construction of a new adhesives plant in Japan, Bostik’s parent company Arkema said in a press release.

Arkema is thus actively pursuing its strategy to develop its adhesives, which represent one of the major drivers of its long-term growth.

A designer of materials and innovative solutions, Arkema shapes materials and creates new uses that accelerate customer performance. Its business portfolio spans high-performance materials, industrial specialties and coating solutions. (RKS)

Fibre2Fashion News Desk – India

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