International.
AkzoNobel has opened two new specialty chemical plants at its multi-headquarters in Ningbo, China, which together represent a combined investment of €80 million. The company also announced that another 90 million euros will be invested in the construction of a new specialty chemicals plant in Tianjin.
The new facilities in Ningbo are for the Surface Chemistry and Polymer Chemistry businesses. The novel headquarters in Tianjin – which will be located in Nangang Chemical Park – is also being built for the Polymer Chemistry business and will replace its existing plant in the area.
The new facilities at the Ningbo headquarters include an alkoxylation facility – which will provide surfactants for the agrochemical, cleaning, animal and viscous food industries – as well as the company's largest unit for the manufacture of organic peroxides that are used in the production of cross-linked rubber. The investment will underline AkzoNobel's position as the world's largest producer of organic peroxides.
