Arkema's investment in Tiamat is part of its strategy to be a key player in battery materials. Tiamat's sodium-ion technology is seen as a promising alternative to lithium-based batteries.
The acquisition is seen as an aligned move with Bostik's commitment towards delivering high-quality, sustainable products. It will proliferate Bostik's value-added solutions for the growing Irish construction market, which drives the demand for sustainable housing and renovation.
The acquisition of PIAM boosts Arkema's capability in the advanced electronics and electric mobility markets, working towards their 2024 goal of being a pure Specialty Materials player. PIAM's potential growth in areas like 5G antennas, OLED displays and electric vehicles signals positive financial outlook for Arkema.
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