# AkzoNobel invests EUR 45M in new DCP plant at Ningbo site

AkzoNobel announced a EUR 45 million investment in a new Dicumyl Peroxide (DCP) plant at its Ningbo multi-site in China, expanding DCP production capacity by over 30% to 25,000 metric tons. The plant is expected to be completed by mid-2014.

- Type: Expansion
- Announced: 2020-04-09
- Where: Ningbo, China, China
- Value: $49.0M (45.0M EUR)
- Starts operating: Jul 2014
- Status: announced
- Capacity: 25,000 metric tons per year
- Products: Dicumyl Peroxide, organic peroxides
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [AkzoNobel](https://endata.com/companies/11242.md)

## Sources

- [manufacturing-journal.net](https://manufacturing-journal.net/press-release/2766-akzonobel-announces-45-million-investment-at-ningbo-plant), 2020-04-09: "The demand for our products is rapidly growing and by expanding and improving our facilities we will continue to meet our customers' needs in China and around the world."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.