Cellulose Expansion

AkzoNobel Boosts Growth Momentum with China Expansion

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AkzoNobel in China

"Ningbo is the ideal location for the new facility as the infrastructure is already in place and we have access to on-site production of ethylene oxide, as well as being close to other key suppliers," added Managing Director of AkzoNobel Functional Chemicals, Jan Svärd. "The fact that Asia is the world's fastest-growing market also means that building the plant in China makes perfect strategic sense."

AkzoNobel currently employs around 6,700 people in China, with revenue for 2010 totaling €1.3 billion. The majority of revenue is generated from local demand. The company now has 27 manufacturing locations in China.

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