Today, Arkema successfully placed its first ever Green Bond fully dedicated to the financing of its new world-scale plant in Singapore to manufacture 100% bio-based Oleris® bio-materials. For a total amount of €300 million, this Green Bond has a maturity of 6 years and an annual coupon of 0.125%. The offering was more than 10 times oversubscribed.
By offering innovative solutions to its customers, notably in the field of lightweight materials, new energies and bio-based products, Arkema aims to generate responsible growth contributing to the Sustainable Development Goals defined by the United Nations.
With this unprecedented Green Bond, fully aligned with Arkema’s CSR policy, the Group is financing its new world-scale plant in Singapore, a major innovative and sustainable project at the heart of its organic growth strategy. This plant, scheduled to come on stream in 2022, is designed with state-of-the-art technology in order to maximize its efficiency and minimize its environmental impact, and will be dedicated to producing 100% bio-based Oleris® bio-materials.
Oleris® bio-materials are a 100% bio-based range of chemicals, of vegetable and renewable origin (castor oil), in accordance with green chemistry principles. Oleris® bio-materials have high purity, are REACH registered, and GMO-free.
Thanks to this Green Bond, Arkema gives investors the opportunity to contribute to the development of sustainable solutions in specialty materials, and confirms its leadership in terms of sustainability and innovation.
Arkema’s Green Bond framework is aligned with the ICMA’s Green Bond Principles as set out in a Second Party Opinion provided by Vigeo Eiris, a leading independent provider ESG ratings agency. The documentation related to this bond issuance is available on the Arkema
Oleris® Bio-Materials
Esterol A
Oleris® Esterol A is a bio-based mixture of C18 (> 75%) fatty acid methyl esters processed from a renewable castor oil ...
Esterol F
Oleris® Esterol F is a bio-based mixture of C18 (> 73%) fatty acid methyl esters from a renewable castor oil source (FAME, ...
Methyl Undecylenate
Oleris® Methyl Undecylenate is a bio-based, bifunctional fatty ester with a terminal double bond from a renewable ...
n-Heptaldehyde
Oleris® n-Heptaldehyde is a bio-based, saturated, 100% linear aldehyde from a renewable castor ...
n-Heptanoic acid
Oleris® n-Heptanoic acid is a bio-based, seven-carbon linear chain saturated fatty acid from a ...
n-Heptanol
Oleris® n-Heptanol is a bio-based, linear seven-carbon fatty alcohol from a renewable castor ...
Undecylenic acid
Oleris® Undecylenic acid is a bio-based, bifunctional fatty acid with a terminal double bond ...