The Bostik-Nitta Joint Venture - majority-owned by Bostik, an Arkema company - is strengthening its adhesives business in the Japanese market with the proposed acquisition of Nitta-Gelatin's industrial adhesives, and construction of a new adhesives plant in Nara. This will help the JV to support growth of its customers in the Japanese hygiene market.

The new adhesives plant in Japan should come on stream early 2020.

These operations will enable Bostik to supply its Japanese customers in the buoyant nonwoven markets for hygiene applications and in the packaging, labelling, transportation and electronics industrial markets.

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

The new world-scale plant will include several production lines dedicated on the one hand to adhesives for the nonwoven market for hygiene applications, and on the other to the industrial adhesives markets. The new facility will enable the Bostik-Nitta JV to support the strong growth of its customers in the Japanese hygiene market and to reinforce the production of some industrial adhesives product lines. (SV)