AkzoNobel breaks ground on new Specialty Chemicals plant in China
(Thomson Reuters ONE) -
March 2, 2015
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.
As well as contributing to AkzoNobel's position as one of the leading surfactant
producers in China, the new facility also creates a more sustainable footprint
in the region and will enable the company to better serve its customers.
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."
Graeme Armstrong, Managing Director of AkzoNobel Surface Chemistry:
"The new alkoxylation facility in Ningbo will allow us to better serve our
customers in the region, which is one of our top priorities. It also provides us
with the opportunity to meet the increasing demands of the market while
operating production locally, which will result in less need for transportation,
shorter turnaround times and a lower carbon footprint."
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.
LIN Liangqi, President of AkzoNobel China:
"Ningbo is one of the company's most important production locations and this new
investment means we can offer additional employment opportunities to the local
market, while continuing to focus on organic growth, operational excellence and
achieving leading performance."
As well as contributing to AkzoNobel's position as one of the leading surfactant
producers in China, the new facility also creates a more sustainable footprint
in the region. The added alkoxylation capacity (the process of reacting a fatty
amine with ethylene oxide to make ethoxylated amines) will enable the company to
better serve its customers in the agrochemical, oilfield and personal care
markets.
AkzoNobel Surface Chemistry is a global leader in the manufacturing and supply
of specialty surfactants, synthetic and bio-polymer additives and specialty
polymers. AkzoNobel currently employs more than 7,400 people in China. Revenues
in China totaled ?1.7 billion in 2014.
- - -
AkzoNobel is a leading global paints and coatings company and a major producer
of specialty chemicals. Calling on centuries of expertise, we supply industries
and consumers worldwide with innovative products and sustainable technologies
designed to meet the growing demands of our fast-changing planet. Headquartered
in Amsterdam, the Netherlands, we have approximately 47,000 people in around 80
countries, while our portfolio includes well-known brands such as Dulux,
Sikkens, International, Interpon and Eka. Consistently ranked as one of the
leaders in the area of sustainability, we are committed to making life more
liveable and our cities more human.
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Datum: 02.03.2015 - 10:01 Uhr
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