Arkema and Aker Solutions sign MoU for marketing of Arkema

Arkema and Aker Solutions have signed a Memorandum of Understanding for global cooperation on marketing of Arkema's proprietary PVC technology. Under the terms of this proposed cooperation, Arkema will provide its proprietary PVC technology and start-up technical services, whilst Aker Solutions will supply process design, engineering and construction services

Arkema and Aker Solutions have signed a Memorandum of Understanding for global cooperation on marketing of Arkema's proprietary PVC technology. Under the terms of this proposed cooperation, Arkema will provide its proprietary PVC technology and start-up technical services, whilst Aker Solutions will supply process design, engineering and construction services.

"This cooperation represents a genuine opportunity to develop our sales of PVC licenses in partnership with one of the world's leading engineering and construction groups," said Otto Takken, Executive Vice President of Arkema's Vinyl Products segment. "Aker Solutions has an excellent reputation as an engineering services provider and we are confident that, together, we can provide the best business solutions to our clients."

"The agreement represents a significant development in the Aker Solutions - Arkema relationship, and provides a strong platform for cooperation in marketing, bidding and executing selected projects in the future," said Johan Cnossen, President of Aker Solutions' process business.

Arkema's PVC technology boasts some unique advantages which make it one of the world's leading PVC technologies available for license.

Arkema's proprietary PVC technology is based on the company's long-standing know-how in PVC production, and guarantees a modern and competitive plant capable of producing all types of standard PVC grades with good quality consistency.

The terms of the cooperation agreement between Arkema and Aker Solutions include technical support to help potential licensees optimise Arkema's PVC technology.

Aker Process BV is the Aker Solutions' legal entity entering into the MoU with Arkema.

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