China: Major Expansion Akzo Nobel to Double Capacity at Organic Peroxides Plant in China
Akzo Nobel's Specialty Chemicals business has entered the next phase of a major expansion at its organic peroxides facility in Ningbo, China, which will increase production capacity by more than 100 % by the third quarter of 2018.
Ningbo/China — The company's Ningbo site produces dicumyl peroxide (DCP), an organic peroxide used as a crosslinking agent in the manufacture of polymers.
Capacity at the site has been raised by 40 % in August, following the completion of an initial project, and is set to double to a capacity of 38,000 tons per year.
More than 500 people are employed at the Ningbo site, which houses manufacturing plants for several of the company's Specialty Chemicals businesses. Akzo Nobel's Ningbo DCP plant is the largest of its kind in the world.
DCP is used in the production of a variety of polymers that need to have exceptional durability. These polymers can be found in many different products, including shoe soles — a market which is growing significantly, especially in developing countries. DCP is also used in polymers for insulating high voltage cables, which are increasingly in demand for upgrading electricity networks, connecting offshore wind parks and other sources of renewable energy.