International. AkzoNobel's specialty chemicals business entered the next phase of a major expansion at its organic peroxide plant in Ningbo, China, which will increase production capacity by more than 100% in the third quarter of 2018.
The Ningbo headquarters produces dicouple peroxide (DCP), an organic peroxide used as a cross-linking agent in the manufacture of polymers. Capacity at the site increased by 40% in August, following the completion of an initial project and doubled to a capacity of 38,000 tonnes per year.
"The DCP market is strong and continues to grow globally," said Johan Landfors, managing director of AkzoNobel's Polymer Chemistry business. "This further expansion is necessary to meet that demand and is also a visible demonstration of the company's continued commitment to investing in the future of the specialty chemicals business."
More than 500 people work at the Ningbo headquarters, which houses manufacturing plants for several of AkzoNobel's specialty chemicals businesses. AkzoNobel's Ningbo DCP plant is the largest of its kind in the world.
