CP50: Arkema Inc.

Company Information

What’s in a name? For Arkema, a lot.

In 1850 the company now known as Arkema was organized by five Philadelphia Quakers and incorporated as The Pennsylvania Salt Manufacturing Co. In 1957 Pennsylvania Salt Manufacturing Co. changed its name to Pennsalt Chemicals Corp. In 1969 Wallace and Tiernan Inc. merged into Pennsalt Chemicals Corp. The name of the company changed to Pennwalt Corp. Then, in 1989 Atochem North America Inc., was formed on Dec. 31 as a result of the merger of Pennwalt Corp., M&T Chemicals, and Atochem Inc. Three years later the name of the company changed from Atochem North America Inc. to Elf Atochem North America Inc. Add in a few more name changes via acquisitions from TotalFina S.A. and finally Arkema was launched on Oct. 1, 2004.

Arkema is a producer of industrial chemicals, including acrylics, PMMA, thiochemicals, fluorochemicals, and hydrogen peroxide and of performance products like technical polymers, specialty chemical organic peroxides and additives. Arkema's 20 plants in North America account for 25% of the company's sales.

Worldwide, Arkema has annual sales of EUR 5.7 billion (US$7 billion) and 15,200 employees, 80 industrial sites in more than 40 countries and six research and development centers.

Company Officers

  • Thierry_Le_ Henaff.gif

    Thierry Le Hénaff

    Chairman and CEO, Arkema Worldwide

    Born in 1963, Le Hénaff is a graduate of both the École polytechnique and Ponts et Chaussées in Paris, and holds an MBA from Stanford University in the United States. After beginning his career with Peat Marwick Consultants, he joined Total's Adhesives Division in 1992, holding a number of positions internationally. In July 2001, he became CEO of Bostik Findley, a new company created when the Adhesives businesses of Total and Elf Atochem merged. In January 2003, he joined Atofina's executive committee and was placed in charge of three divisions: Agrochemicals, Fertilizers, and Thiochemicals, as well as supervising International Affairs, Purchasing, and Research. He is a member of the Total Management Committee.

  • Bernard Roche.gif

    Bernard Roche

    President and CEO, Arkema Inc.

    Roche, managing director of Arkema Japan, was named president CEO of Arkema Inc, effective Oct. 1, 2008. Roche is a 35-year veteran of the company, having worked in manufacturing plants for 10 years, in Human Resources for four years, and 21 years as managing director of several Arkema and predecessor businesses. He was managing director of the Technical Polymers business unit from July 1999 until his appointment to Japan in 2006.

  • luc-benoit-cattin.jpg721487747.jpg

    Luc Benoit-Cattin

    Vice President, Industry

    As executive vice president of industry, Luc Benoit-Cattin oversees safety, environment, sustainable development, quality, technology and construction, process, logistics, and goods and services purchasing. In 2002 he joined CGG Veritas as head of a business unit for rolling and aluminum. He later served as director of resources and operating performance, director of offshore. From 2009 to mid-2011 he served as managing director of geophysical services and a member of the executive committee. Between 1988 and 1995 he held a number of positions in administration at the French Ministry for Economy, Finance and Industry. From 1995 to 1997 he was technical adviser to the Minister of Industry.

Investor Information

For the latest financial reports, visit: http://www.arkema.com/sites/group/en/finance/home.page

Contact Information

  • Arkema Inc.
  • 2000 Market Street
  • Philadelphia, Pa. 19103-3222
Back to the CP50 List
Featured content related to Arkema Inc.

Products

Operating any type of chemical or processing plant is an important responsibility—and one fraught with potential problems. Arkema’s products make the job a little easier. For example, corrosion is probably at the top of every list of potential plant problems.

But Kynar polyvinylidene fluoride has proven to be one of the most corrosion-resistant materials available and has saved plant operators throughout the world millions of dollars. Arkema is a leading producer of polyvinylidene fluoride resins, which are used in linings and injection-molded parts for pipes, fittings, and valves. The company also helps sites meet strict environmental regulations through its full-service activated carbon program that helps determine how to best treat process wastewater.

Arkema's technical polymers are used in a wide range of chemical industry applications.