AkzoNobel to double organic peroxides capacity in China
AkzoNobel’s Specialty Chemicals business is set to increase production capacity at its organic peroxides facility in Ningbo, China, by more than 100% by the third quarter of next year through entering the next phase of a major expansion.
The Ningbo facility produces dicumyl peroxide (DCP), an organic peroxide used as a crosslinking agent in the manufacture of polymers found in many different products such as shoe soles. This is a market growing in developing countries.
In August, capacity at the facility increased by 40% after the completion of an initial project, and the company is planning to double the capacity to 38,000tpa.
AkzoNobel’s Polymer Chemistry business managing director Johan Landfors said: "The market for DCP is strong and continues to grow globally.
"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.”
Additionally, DCP is used in polymers for insulating high-voltage cables, which are used to upgrade electricity networks and connect offshore windparks and other sources of renewable energy.
AkzoNobel executive committee member responsible for Specialty Chemicals Werner Fuhrmann said: "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.
"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 Ningbo site houses manufacturing plants for several of the company's specialty chemicals businesses, employing more than 500 people.
Image: AkzoNobel’s organic peroxides facility in Ningbo, China. Photo: courtesy of Akzo Nobel NV.