AkzoNobel Specialty Chemicals has broken ground on a €90m organic peroxide production facility in Tianjin, China.
Organic peroxides are essential for the production of a range of polymers, including PVC and thermoset resins.
The new facility, being constructed in the Tianjin Nangang Industrial Zone, will replace the existing organic peroxides plant in Tianjin as well as support the Chinese authorities in optimising urban planning and produce an industrial upgrade in the country’s chemical industry.
Scheduled for completion in the second quarter of 2020, the new plant will provide capacity expansions of 30% to 70% depending on product line, enabling the company to support the growth of its customers.
AkzoNobel polymer chemistry regional sales director Jack Li said: “Demand for organic peroxide continues to increase in Asia and around the world.”
According to Li, end-use markets for organic peroxides are growing annually between 5% and 6% in China, outpacing growth in the rest of the world.
AkzoNobel executive committee member responsible for polymer chemistry Johan Landfors said that the company is focusing on sustainability at the new site to meet the Chinese government’s stringent requirements.
Landfors said: “We are installing an innovative technology to minimise discharge of waste water. New equipment will also streamline our production processes, helping us to reduce our water and energy consumption while removing volatile organic compounds.”
AkzoNobel Specialty Chemicals CEO Werner Fuhrmann said: “We have partnered closely with the Tianjin Economic - Technological Development Area to construct a site that not only meets the needs of the city, but also those of our business, customers and employees.
“Our company is committed to China and has received strong support from its government agencies to ensure success on this project.”
Over the last three years, the company has invested more than €180m to better serve its customers in the polymer industry, upgrading technologies, increasing capacity, and repositioning its global manufacturing footprint in Mexico, the Netherlands, Belgium, China, Italy, Brazil and the US.
Image: Johan Landfors dotting the eyes of the lion for success of the new site. Photo: courtesy of AkzoNobel.