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1. Arkema buys 54% stake in South Korea's PI Advanced Materials.

Author

Kohli, Kartik

Subjects
*POLYIMIDE films, *PRIVATE equity
Abstract

The article focuses on Arkema's acquisition of Glenwood Private Equity's 54 percent stake in PI Advanced Materials Co., Ltd. (PIAM) in South Korea, allowing the full consolidation of PIAM in Arkema's accounts. Topics include the acquisition deal, PIAM's position as a worldwide leader in polyimide films with a significant global market share, and its products' applications in high-margin markets such as electric vehicles and consumer electronics.

Published
2023

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