AkzoNobel has announced potential plans to double the capacity at its organic peroxides facility in Ningbo, China over the course of the next two years, with part of project already underway.
A current expansion to boost capacity by 40 percent is said to be completed by August this year, with a further development possibly in the pipeline to boost capacity by 100 percent.
Johan Landfors, Managing Director for AkzoNobel’s Polymer Chemistry business, said, “Demand for our products is growing rapidly and expanding our existing facilities provides a great opportunity to meet the needs of our global customers. This expansion will allow us to further grow in our market and solidify our position as the world’s number one producer of organic peroxides.”
Producing dicumyl peroxide (DCP), an ‘organic peroxide used as a crosslinking agent in the manufacture of polymers’, the development of the site comes at a time when the company is placing major investment in China alongside the development of a new organic peroxides plant in Tianjin.