The sale will include Arkema's Thermolite tin stabilizers, Fascat catalysts, and fine chemicals. Based on tin chemistry, Thermolite heat stabilizers are used in PVC production, much of which is used in the construction sector, while Fascat catalysts are used in automotive specialties and other applications.
Four industrial sites around the world will be divested: the Carrollton USA, plant, certain assets at the Mobile (Axis), Alabama, plant in the US, and the Beijing plant in China. The part of the Vlissingen site (Netherlands) dedicated to tin stabilizer operations will be run by Arkema on behalf of PMC.

Arkema says this sale is part of its refocus on fast growing core specialty businesses.