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News Breaks
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November 18, 2011
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| 05:11 EDT |  | AKZOY |
| theflyonthewall.com: | Akzo Nobel announces EUR45M investment at Ningbo plant | | AkzoNobel has announced its intention to invest EUR45M in a new Dicumyl Peroxide, or DCP, plant at its Ningbo multi-site in China to meet a growing local, regional and global demand. Widely used as cross-linking agent for various polymers and copolymers, DCP can be found in a variety of products like shoe soles, cable insulation and construction insulation. The new facility will expand AkzoNobel Functional Chemicals' DCP production capacity by more than 30% to 25,000 metric tons and allow for future expansion as the market continues grow. Expected to be completed by mid-2014, it will be the fifth plant built on the multi-site and benefit from the shared infrastructure and state-of-the-art facilities. :theflyonthewall.com |
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