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.
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.#
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