IHS Chemical Week

Markets :: Specialty Chemicals :: Plastic additives

AkzoNobel Confirms Organic Peroxides Project at Ningbo

5:40 AM MDT | April 28, 2010 | Natasha Alperowicz

AkzoNobel has confirmed plans to build an organic peroxide plant at its Ningbo multi-site complex in China. The company will spend €17 million ($22.7 million) on the plant, which will produce Perkadox 14, used in rubber and thermoplastics, and Trigonox 101, used to control rheology of polypropylene and synthetic rubber. Demand for both products, used in the automotive, building and construction as well as durable goods industries, is increasing rapidly in Asia, AkzoNobel says. The investment forms part of AkzoNobel's €275 million total spend at Ningbo...

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