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AkzoNobel Gives Update on China Facility Expansion

Wednesday, October 11, 2017

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Coatings company AkzoNobel’s (Amsterdam) Specialty Chemicals business announced on Tuesday (Oct. 10) that it is entering the next phase of its major expansion at its organic peroxides facility in Ningbo, China.

The facility, which the company notes is the largest of its kind, employs 500 people and produces dicumyl peroxide (used as a crosslinking agent in the manufacture of polymers).

AkzoNobel

Coatings company AkzoNobel’s (Amsterdam) Specialty Chemicals business announced on Tuesday (Oct. 10) that it is entering the next phase of its major expansion at its organic peroxides facility in Ningbo, China.

“The market for DCP is strong and continues to grow globally,” says Johan Landfors, Managing Director of AkzoNobel’s Polymer Chemistry business.

“This new expansion is necessary to meet that demand, and is also a visible demonstration of the company’s continued commitment to invest in the future of the Specialty Chemicals business.”

AkzoNobel first announced an expansion at the Ningo location in July, and a 40 percent boost as completed in August. This phase aims to increase production capacity by more than 100 percent by the third quarter in 2018, the company predicts. That would be a capacity of 38,000 tons per year.

“The continued development in Ningbo is a clear sign to our customers that we are dedicated to retaining our leadership position in the organic peroxides industry,” adds Werner Fuhrmann, AkzoNobel’s Executive Committee member responsible for Specialty Chemicals.

“By continuing to invest in our production sites and focusing on operational excellence, we will be better positioned to accommodate the growth of our customers.”

The plant houses operations for several of AkzoNobel’s Specialty Chemicals business units. That segment is in the process of splitting off into its own company, a plan that was first announced last spring.

   

Tagged categories: AkzoNobel; Business matters; Polymers; Specialty Coatings

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