AkzoNobel Expands Specialty Chemicals Production in China
AMSTERDAM - AkzoNobel has inaugurated two new specialty chemicals plants at its multi-site in Ningbo, China, that together represent a combined investment of €80 million. The company also announced that a further €90 million is to be invested in building a new specialty chemicals plant in Tianjin.
The new facilities in Ningbo are for the Surface Chemistry and Polymer Chemistry businesses. The state-of-the-art site in Tianjin — to be located at the Nangang Chemical Park — is also being constructed for the Polymer Chemistry business and will replace its existing plant in the area.