AkzoNobel Announces China Facility Expansion
Earlier this week, AkzoNobel's Specialty Chemicals business announced that it is entering the next part of the expansion at its Ningo, China, organic peroxides facility.
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).
“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.