ULSAN, South Korea, Sept. 21, 2026 /PRNewswire/ -- On September 21, 2026, Arkema announces that it has secured new tank storage capacity of 3,000 m³ for Glacial Acrylic Acid (GAA) at the Ulsan HDOT terminal in Korea. The new facility will be part of Arkema's broader efforts to support growing demand for acrylic-based applications across Asia.
The new tank will serve as a local storage hub for Arkema's GAA business in Korea. With domestic storage capacity in place, Arkema will be able to provide more differentiated, reliable supplies to Korean customers.
Beyond its role in Korea, this project marks an important step in Arkema's strategy to further develop the GAA market in Northeast Asia. By adding a local storage node to its regional supply network, Arkema will strengthen the connection between regional supply capabilities, logistics and market operations, supporting a more integrated supply setup for the region.
Hervé Castres Saint Martin, Group President for Acrylic Monomers at Arkema, said: "Asia is a key region in Arkema's global acrylics footprint. This project in Korea further strengthens our regional synergies across Northeast Asia and better connects our production, supply and logistics networks. By bringing us closer to our Korean customers, it will also enable our regional footprint to better support customer-driven application development and collaborative innovation. This project reflects our long-term commitment to deepening our presence in Asia, enhancing regional supply resilience, and driving business growth through innovation and sustainability."
Arkema is one of the world's major producers of acrylic monomers. Supported by its production site in Taixing, China, Arkema's acrylic business in Asia plays a key role in the Group's regional operations, serving markets across China, Japan, Korea and Southeast Asia. Alongside strengthening its regional presence, Arkema is also advancing sustainability initiatives across its acrylic value chain, including ISCC+ Mass Balance certification across all of its acrylic monomer production sites worldwide, further supporting customers seeking lower-carbon and more circular materials solutions.
Building on its unique set of expertise in materials science, Arkema offers a portfolio of first-class technologies to address ever-growing demand for new and more sustainable materials. With the ambition to become a world leader in Specialty Materials, the Group is structured into three complementary, resilient and highly innovative segments dedicated to Specialty Materials - Adhesive Solutions, Advanced Materials, and Coating Solutions - accounting for some 85% of Group sales in 2025, and a Primary Materials segment regrouping well-positioned large scale industrials activities. Arkema offers cutting-edge technological solutions to meet the challenges of, among other things, new energies, access to water, recycling, urbanization and mobility, and fosters a permanent dialogue with all its stakeholders. The Group reported sales of around €9.1 billion in 2025 and operates in some 55 countries with 20,700 employees worldwide.
** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **
ARKEMA STRENGTHENS GLACIAL ACRYLIC ACID SUPPLY IN KOREA WITH NEW STORAGE TANK
- Partnership brings regulated, multi-currency payments into everyday HR workflows, supporting companies as they scale teams, payroll and operations
SEATTLE, Wash. and LONDON, Sept. 21, 2026 /PRNewswire/ -- Convera, a global leader in commercial payments, and JustLogin, an AI-Powered Singapore-based human resource cloud platform operating for the last 26 years, today announced a partnership that brings embedded cross-border payroll and business payment capabilities directly into the HR workflows.
The partnership is designed to support companies operating and expanding across Singapore and Southeast Asia where hiring, managing and paying teams across multiple countries and currencies is now a prerequisite for regional growth. Through the integration, JustLogin customers will be able to initiate payroll and employee-related payments in up to 16 currencies from within the JustLogin platform, while Convera manages the underlying cross-border payment execution.
The result: faster salary disbursement, improved visibility, and reduced operational complexity for companies managing distributed workforces across the region.
"Growing companies should not have to choose between regional expansion and payroll confidence. By embedding Convera's global payments capabilities directly into JustLogin's HR platform, we're making it easier for businesses to hire, pay and scale across Southeast Asia with greater speed, visibility and control", said Patrick Gauthier, Group CEO of Convera, "This partnership reflects a broader shift we're seeing in the market, as payments become more deeply embedded into the platforms businesses already use to run their operations."
As businesses across Southeast Asia build more distributed and regional workforces, payroll is becoming more than an administrative function. It is increasingly connected to employee experience, operational resilience, and the ability to expand into new markets with confidence. The Convera and JustLogin partnership brings together HR technology and embedded financial services to help businesses manage this complexity through a single, integrated experience.
Designed for regulated environments, the integration allows payment activity to be initiated within JustLogin, with essential transaction data shared securely with Convera at the point of payment. Payment status and confirmations are then returned to the JustLogin dashboard, giving HR and finance teams visibility without disrupting existing workflows. As the licensed payment processor, Convera conducts customer onboarding and KYC checks and operates under the oversight of more than 60 regulators worldwide
Cross-border payroll and B2B payouts represent a significant and growing segment of Southeast Asia's payments landscape, with the regional B2B payments market estimated at approximately USD 44.5 billion in 2024 and projected to exceed USD 105 billion by 2033. As Singapore-based and multinational businesses expand across the region, navigating multiple currencies, payment rails, and regulatory regimes has become an increasing challenge. Embedding regulated cross-border payments into HR platforms helps remove a major barrier into regional expansion.
"As our customers expand across markets, payroll and payments have become a critical part of both employee experience and corporate reputation," said KC Kwa, CEO, JustLogin. "In an environment marked by regulatory change and currency volatility, this partnership provides the governance, resilience, and confidence our customers need to keep payroll compliant, accurate, and seamless – without compromising trust."
The solution also leverages select government-backed fast payment rails to accelerate salary disbursement across the region, including Singapore's FAST, Malaysia's DuitNow, and InstaPay in the Philippines.
The Convera and JustLogin integration is available to JustLogin customers in Singapore and across supported Southeast Asian markets, helping businesses build, manage and pay regional workforces through a more connected HR and payments experience.
Additional Resources
About Convera
Convera is a global leader in commercial payments. With an unrivaled regulatory footprint and a financial network spanning more than 140 currencies and 200 countries and territories, Convera is reimaging the future of business payments. We combine tech-led payment solutions with deep expertise in foreign exchange, risk management, and compliance. From small businesses to CFOs and treasurers, we're helping our customers grow with confidence. Convera makes business payments simple, smart, and secure.
** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **
Convera and JustLogin Partner to Enable Cross-Border Payroll and Payments Across Singapore and Southeast Asia
