AkzoNobel Expands Ningbo Site with Additional Investment

AkzoNobel says it will invest €45 million ($61 million) to build a dicumyl peroxide plant at its Ningbo, China site. The plant will be AkzoNobel’s fifth at Ningbo on completion in mid-2014. It will expand AkzoNobel’s dicumyl peroxide capacity by more than 30%, to 25,000 m.t./year. AkzoNobel has also opened an organic peroxides plant at Ningbo. Dicumyl peroxide is used as a cross-linking agent for various polymers and...

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