AkzoNobel plans second increase of chloromethanes capacity in Frankfurt
AkzoNobel
The company recently completed an initial chloromethanes expansion that increased capacity for the chloromethanes methylene chloride, chloroform and carbon tetrachloride. The new expansion phase will begin with an increase in capacity for methyl chloride, to be completed in 2020. Further investments are also planned to improve supply reliability and to expand chlorine production, the key raw material for chloromethanes.
Commenting on the plans, Knut Schwalenberg, Executive Committee Member responsible for Industrial Chemicals, said: "Our continued investments in both chlorine and chloromethanes production will increase reliability of supplies across the entire value chain to support the growth plans of our customers, while increasing energy efficiency thanks to the use of the latest technology."
"We see strong growth in demand for chloromethanes and derived products from customers in emerging markets, such as India, for the manufacturing of pharmaceuticals and construction materials," said Werner Fuhrmann, CEO of AkzoNobel Specialty Chemicals. "We are well positioned to capture part of this growth by investing in additional capacity in Frankfurt. In addition, the improved energy efficiency will provide significant sustainability benefits for our company."
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