Bostik Completes Integration of Ashland Performance Adhesives to Leverage Synergies

Four months after completing the acquisition of Ashland's performance adhesives business, Bostik, Arkema's adhesive solutions division, has completed the integration of these businesses within its organizati.

As a result of the integration of Ashland's high-performance adhesives business, Bostik has restructured its business to strengthen its customer-focused philosophy and ability to develop innovative, more sustainable, high-value solutions in a broad range of markets, The business is now centered on four marke.

- Consumer Durables Combining Bostik's traditional consumer durables business with Ashland's structural adhesives business strengthens the ability to develop custom solutions for high-value markets such as assembly, mobile, engineered adhesives and building componen.

- The Advanced Packaging and Converting business integrates Ashland's pressure-sensitive adhesive and lamination and coating businesses, strengthening its market leadership and geographic reach to meet the needs of global customers in the coil converting indust.

- The Hygiene, Paper and Board business combines the Bostik nonwovens and rigid packaging businesses to serve global consumer goods customers in the hygiene and end-use packaging industri.

- The Construction & Consumer business remains unchanged, serving professional and personal construction clien.

According to Vincent LEGROS, CEO of Bostik: "The acquisition of Ashland's Performance Adhesives provides a unique opportunity to advance our strategy to provide customers with customized, high-value, innovative adhesive solutions A thresho.

With the world's most complete range of pressure-sensitive adhesives and market leadership in structural adhesives and flexible lamination, this new facility will develop innovative and more sustainable solutions with customers and the rest of the Arkema Group The programme offers significant opportunities while helping to globalise activities in some key marke.

About Bostik - Arkema's Adhesive Solutions Division

Bostik, a subsidiary of the Arkema Group, is a global player in specialty adhesives for the construction, consumer and industrial markets, developing innovative and versatile sealing and gluing solutions that have been shaping our daily lives for over 130 yea.