AkzoNobel Specialty Chemicals Expands Organic Peroxide Capacity in India
by Shrutee K/DNS
AkzoNobel Specialty Chemicals has broken ground on a project
to expand production capacity and upgrade its organic peroxides facility in
Mahad, India. Organic peroxides are essential for the manufacture of a wide
range of polymer-based products including athletic shoe soles, wind turbines and
PVC pipes used in the construction industry.
The €4 million investment will increase capacity by 80
percent, and will provide a platform to meet growing demand from customers in
India and the Middle East. In addition, a new waste water management system
will make the process more environmentally sustainable. The expansion is
expected to be completed by the end of 2018.
“This is the latest in a series of organic peroxide
investments to better serve our customers by upgrading technologies and increasing
production capacity,” says Johan Landfors, Member of the Executive Committee responsible
for Polymer Chemicals. “This expansion will allow us to build on our strong
presence in numerous organic peroxide market segments, particularly in PVC,
acrylics and thermoset resins.”
Over the
last three years, the Polymer Chemistry business has invested more than €100
million to better serve its customers in the polymer industry, upgrading
technologies, increasing capacity, and repositioning its global manufacturing
footprint at sites in Mexico, the Netherlands, Belgium, China, Italy, Brazil,
and the US.
Werner Fuhrmann, CEO of AkzoNobel Specialty Chemicals, added
that the latest project also demonstrates the company’s commitment to the
Indian market and supports the country’s efforts to strengthen its
manufacturing sector through increased investment from global organizations. The
company is also investing in a monochloroacetic acid project in a joint arrangement
with Atul in Gujarat, due to start production in 2019.
Click here for more
information about AkzoNobel Specialty Chemicals’ recent expansion projects.
About
AkzoNobel Specialty Chemicals
Industries
worldwide rely on our essential chemistry in the manufacture of everyday
products such as paper, plastics, building materials, and personal care items.
Building on the dedication of our 9,500 employees and our shared commitment to
safety, sustainability, and open innovation, we have established a world-class
business and built strong partnerships with our customers. We operate in over
80 countries around the world and our portfolio of industry leading brands
includes Eka, Dissolvine, Trigonox, and Berol.
About
AkzoNobel
AkzoNobel
has a passion for paint. We’re experts in the proud craft of making paints and
coatings, setting the standard in color and protection since 1792. Our world
class portfolio of brands – including Dulux, International, Sikkens and
Interpon – is trusted by customers around the globe. Headquartered in the
Netherlands, we operate in over 80 countries and employ around 35,000 talented
people who are passionate about delivering the high performance products and
services our customers expect. The sale of our Specialty Chemicals business is
expected to be completed by the end of 2018.
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