Arkema SA Q1 2022 Earnings Call Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: Jaideep Mukesh Pandya - On Field Investment Research LLP - Analyst : First question is on polyamide 11 actually. Can you just update us, Thierry, about your plant? When is it going to start? And if I'm not wrong, back in the day when oil and gas was booming, this had a pretty nice application, especially with oil service companies like Technip. In the meanwhile, I suppose you've moved a lot of business away from that. Assuming that oil and gas CapEx comes back, which is likely to be, do you think that given you have newer capacity in the next 1, 1.5 years, there is a big opportunity here to go back into that business which was, back in the day, attractive margins? That's my first question. And then the second question really is also sort of around your other project, around the Nutrien project. If you can give us some color on progress there and also on sort of the sustainable version of PVDF that you're working on. And just finally, if you can just tell us what is the percentage of sales or volumes these days that you're selling into the battery versus the non-battery market for PVDF. Because if I'm not wrong, a lot of the volume is shifted away from the nonbattery into the battery market.