AkzoNobel breaks ground on new Specialty Chemicals plant in China

04-Mar-2015 - China

AkzoNobel's Specialty Chemicals business recently broke ground on a new Alkoxylation facility in Ningbo, China, bringing the company's total investment in the strategic multi-site to more than €400 million.

Werner Fuhrmann, Executive Committee member responsible for Specialty Chemicals: "Our investment in this new plant is further proof of our ongoing commitment to China, which is one of our most strategically important markets. The new facility also gives added momentum to our organic growth ambitions, as well as enabling us to continue expanding our manufacturing footprint in Asia."

The Ningbo multi-site covers around 50 hectares and accommodates production for chelates, ethylene amines, ethylene oxide, organic peroxides and Bermocoll cellulose derivatives. Surface Chemistry's latest investment will increase annual capacity by nearly 18,000 tons, mainly catering for domestic demand in China.

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