AkzoNobel Specialty Chemicals finalized an agreement to acquire Brazilian firm Polinox, South America's leading producer of ketone peroxides. The sale is expected to close in Q4 2018. AkzoNobel will also invest to add capacity at its Itupeva, Brazil site.
AkzoNobel Specialty Chemicals broke ground on a €90 million organic peroxide production facility in Tianjin, China. The plant will replace an existing site and expand capacity by 30-70%, with completion expected in Q2 2020.
AkzoNobel Specialty Chemicals has started design work for a second expansion of chloromethanes capacity at its Frankfurt site, to be implemented over five years, raising total capacity by up to 50%.
AkzoNobel Specialty Chemicals announced it will upgrade its Rotterdam chlor-alkali plant to strengthen development of the local industrial cluster.
AkzoNobel Specialty Chemicals has broken ground on a €4 million project to expand production capacity by 80% and upgrade its organic peroxides facility in Mahad, India. The expansion is expected to be completed by the end of 2018.
AkzoNobel Specialty Chemicals signed a long-term cooperation agreement with Ineos Nitrile to build production facilities for biodegradable chelates at Ineos' acrylonitrile complex in Cologne, Germany, with completion due in 2020.
AkzoNobel Specialty Chemicals signed a long-term cooperation agreement with INEOS Nitriles to expand production of biodegradable chelates at INEOS's site in Cologne, Germany, with construction starting later in 2018 and completion due in 2020.
AkzoNobel Specialty Chemicals is expanding its organic peroxides plant in Ningbo, China, with capacity to increase by over 100% to 38,000 tons per year by Q3 2018. Capacity rose 40% in August 2017.
| Site | Largest | Latest |
|---|---|---|
| Tianjin Nangang Industrial Zone, China | $105.0M | 2018-07-06 |
| Frankfurt, Germany | 2018-07-05 | |
| Rotterdam, Netherlands | 2018-07-03 | |
| Mahad, India | $4.70M | 2018-06-12 |
| Ningbo, China | 2017-10-10 |