China: Production of Organic Peroxide Akzo Nobel to Double Production of Organic Peroxides at Ningbo Facility
Akzo Nobel's Specialty Chemicals business is planning to double the production capacity at its organic peroxides facility in Ningbo, China, within the next two years. A project to boost the capacity by 40 % is underway, which is expected to be completed by mid-August.
Amsterdam/The Netherands — The company is now considering a larger scale expansion which would increase current capacity by 100 %. The site produces dicumyl peroxide (DCP), an organic peroxide used as a crosslinking agent in the manufacture of polymers.
"Demand for our products is growing rapidly and expanding our existing facilities provides a great opportunity to meet the needs of our global customers," said Johan Landfors, Managing Director for Akzo Nobel's Polymer Chemistry business.
DCP is a crosslinking agent used to produce a variety of polymers with exceptional durability. These polymers can be found in many different products, such as shoe soles, a market which has been growing in developing countries in particular. DCP is also used in polymers for insulating high-voltage cables, which are in growing demand to upgrade electricity networks and connect offshore wind parks and other sources of renewable energy.
"We are committed to our customers and to retaining our leadership position in the industries we serve, including organic peroxides," added Thierry Vanlancker, Akzo Nobel's Executive Committee member responsible for Specialty Chemicals. "By continuing to invest in our existing operations and focusing on operational excellence, we will be able to provide reliable supplies to accommodate the growth of our customers."
Opened in October 2016, the Ningbo DCP plant is the largest of its kind in the world. The multi-site employs approximately 500 people and houses operations for several of the company's Specialty Chemicals business units. The manufacturer is also building a new organic peroxides plant in Tianjin.