AkzoNobel has completed a €22 million project to expand its Los Reyes production facility in Mexico, thus strengthening its global manufacturing footprint for organic peroxides.
“Mexico is an important market for us and the Los Reyes site serves as an efficient platform to further develop our global leadership position in organic peroxides,” said Werner Fuhrmann, AkzoNobel Executive Committee Member for Specialty Chemicals. “This is a strategic investment, which will enable us to better satisfy growing demand for our products.”
Added Johan Landfors, Managing Director of the company’s Polymer Chemistry business, “This expansion is testament to our company’s commitment to grow with our customers and markets. We also have plans to continue investing in our North America plants over the next five years in order to better serve our key customers in the region and globally.”