NEW YORK, March 18, 2025 — Altana, the world’s only product network, is pleased to announce that diversified chemicals and materials company Arkema has expanded its engagement to include a new suite of tools to analyze the company’s exposure to new tariffs.
President Donald Trump’s announcement of new tariffs on imports from Canada, China and Mexico, and across-the-map tariffs on aluminum and steel have shaken up manufacturing supply chains in every sector. Altana’s new Tariff Scenario Planner will help Arkema executives analyze the company’s exposure, inform the numerous business decisions surrounding the new tariffs, and gain insight into the cost savings their competitors in Asia enjoyed because they didn’t have to pay U.S. tariffs on Chinese imports.
Since 2022, Arkema has used Altana to analyze its value chains to ensure compliance and resilience and improve strategic planning. With the expansion of the engagement, Altana’s Tariff Scenario planner goes to work on value chains for Arkema’s catalogue of products using the AI-powered map of the global supply chain and the set of Arkema’s Tier-1 suppliers. It pulls from Altana’s modeling of tariff impacts across multi-tier value chains, integrating supplier data and dependencies so Arkema and other industrial and chemical companies can quickly quantify exposure to tariffs in their value chains and identify alternative opportunities.
“With Altana, we understand how changes in the regulatory and competitive landscape will affect our business,” said Eileen Smythe, Arkema’s vice president of supply chain. “More importantly, Altana enables us to plan a dynamic strategy to grow our business and better serve our customers in a tumultuous trade environment.”
Altana Vice President for Enterprise Spencer McCollester said, “Arkema’s products have an enormous influence on our daily lives across automotive, renewables, electronics, and consumer goods applications. We’re honored that Arkema has continued to place their trust in Altana as they sustainably grow their impact around the world.”
Arkema’s expansion with Altana follows the company’s $200 million Series C investment. Led by the US Innovative Technology Fund, the funding round brought the company's valuation to $1 billion. The infusion of capital is fueling the development of Altana’s product network and go-to-market efforts, enabling the company to help enterprises, logistics providers, and regulators face the upheavals and opportunities in a new era of global commerce.
About Altana
Altana is the only product network connecting buyers, suppliers, logistics providers, and government agencies to drive resilience, compliance, and efficiency across the global supply chain. Customers like Boston Scientific, General Atomics, L.L.Bean, Maersk, US Customs and Border Protection, and the UK Department of Business and Trade use Altana to design optimal product lines, protect national security, and promote economic growth through collaboration. To learn more, visit altana.ai
Contact: press@altana.ai
