Arkema SA To Discuss Proposed Acquisition of PI Advanced Materials Transcript - Thomson StreetEvents

Arkema SA To Discuss Proposed Acquisition of PI Advanced Materials Transcript

Arkema SA To Discuss Proposed Acquisition of PI Advanced Materials Transcript - Thomson StreetEvents
Arkema SA To Discuss Proposed Acquisition of PI Advanced Materials Transcript
Published Jun 28, 2023
13 pages (8050 words) — Published Jun 28, 2023
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Abstract:

Edited Transcript of AKE.PA M&A conference call or presentation 28-Jun-23 8:00am GMT

  
Brief Excerpt:

...Good morning, everyone. Thank you for joining us on this call at such a short notice. I am here together with Marie-Jose Donsion, our CFO, you know well; as well as Marc Schuller, (inaudible) representing the business. Also with us is our team. You will find a set of slides on our website, which you can download and use as a reference. As you know, we have organized this conference call as we announced this morning a project to acquire 54% controlling stake in PI Advanced Materials, PIAM. I'm very excited to announce this transaction as it is a company that we had looked at in the past and I have followed closely for some time, and the timing is now perfect to seize this fantastic one-off opportunity to broaden and strengthen our high-performance polymer range. As you know, Arkema's growth strategy is based on high value and innovative materials serving bigger trends around these 3 pillars of Adhesives, Coatings and Advanced Materials. In Advanced Materials, we have significantly strengthened...

  
Report Type:

Transcript

Source:
Thomson StreetEvents
Company:
Arkema SA
Ticker
AKE.PA
Time
8:00am GMT
Format:
PDF Adobe Acrobat
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The following is excerpted from the question-and-answer section of the transcript.

(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)

Question: Jaideep Mukesh Pandya - On Field Investment Research LLP - Analyst : The first question really is on the whole sales process. So if I'm not wrong, the Glenwood guys had put this up for sale in Q1 last year, roughly around the same price. And in press in Korea, it was said that several players, including your competitors, we're looking at this. So about 15 months down the line, you have paid roughly the same price for an asset where there has been significant destocking in the second half. So just wondering what has been really the negotiation process and how strategic has this been? And then a follow-up to that, Glenwood did enter this deal very long ago. So why is it that when they entered the deal, you didn't consider this asset, and you're considering it now? So what has changed really within Arkema for you to say that this is very strategic? That's my first question. REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies. JUNE 28, 2023 / 8:00AM, AKE.PA - Arkema SA To Discuss Proposed Acquisition of PI Advanced Materials And then the second question really is, could you just tell us -- we completely understand on the EV side your positioning. But on the electronics side, how is your positioning today in big OEMs on the smartphone side? And how can you leverage the PI polyimide films in the electronics market? And then finally -- sorry to ask so many questions, but finally, on the polyimide 11 and 10 and 12 portfolio, what is the link between that family of polyimides versus what PI brings? Those would be my 3 questions.

Table Of Contents

Full Year 2024 Arkema SA Earnings Call Transcript – 2025-02-27 – US$ 54.00 – Edited Transcript of AKE.PA earnings conference call or presentation 27-Feb-25 10:30am GMT

Arkema SA Q3 2024 Earnings Call Transcript – 2024-11-06 – US$ 54.00 – Edited Transcript of AKE.PA earnings conference call or presentation 6-Nov-24 10:00am GMT

Arkema SA Q3 2023 Earnings Call Transcript – 2023-11-09 – US$ 54.00 – Edited Transcript of AKE.PA earnings conference call or presentation 9-Nov-23 10:00am GMT

Arkema SA Capital Markets Day Transcript – 2023-09-27 – US$ 54.00 – Edited Transcript of AKE.PA corporate analyst meeting</ 27-Sep-23 9:00am GMT

Half Year 2023 Arkema SA Earnings Call Transcript – 2023-07-28 – US$ 54.00 – Edited Transcript of AKE.PA earnings conference call or presentation 28-Jul-23 9:00am GMT

Arkema SA Q1 2023 Earnings Call Transcript – 2023-05-05 – US$ 54.00 – Edited Transcript of AKE.PA earnings conference call or presentation 5-May-23 9:00am GMT

Full Year 2022 Arkema SA Earnings Call Transcript – 2023-02-23 – US$ 54.00 – Edited Transcript of AKE.PA earnings conference call or presentation 23-Feb-23 10:30am GMT

Half Year 2022 Arkema SA Earnings Call Transcript – 2022-07-29 – US$ 54.00 – Edited Transcript of AKE.PA earnings conference call or presentation 29-Jul-22 8:00am GMT

Arkema SA Q1 2022 Earnings Call Transcript – 2022-05-05 – US$ 54.00 – Edited Transcript of AKE.PA earnings conference call or presentation 5-May-22 9:00am GMT

Full Year 2021 Arkema SA Earnings Call Transcript – 2022-02-24 – US$ 54.00 – Edited Transcript of AKE.PA earnings conference call or presentation 24-Feb-22 10:30am GMT

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MLA:
Thomson StreetEvents. "Arkema SA To Discuss Proposed Acquisition of PI Advanced Materials Transcript" Jun 28, 2023. Alacra Store. May 23, 2025. <http://www.alacrastore.com/thomson-streetevents-transcripts/Arkema-SA-To-Discuss-Proposed-Acquisition-of-PI-Advanced-Materials-T15646934>
  
APA:
Thomson StreetEvents. (2023). Arkema SA To Discuss Proposed Acquisition of PI Advanced Materials Transcript Jun 28, 2023. New York, NY: Alacra Store. Retrieved May 23, 2025 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Arkema-SA-To-Discuss-Proposed-Acquisition-of-PI-Advanced-Materials-T15646934>
  
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