AkzoNobel’s (Amsterdam, the Netherlands; www.akzonobel.com) Specialty Chemicals business is working on plans to double production capacity at its organic peroxides facility in Ningbo, China, during the next two years.
A project to boost the capacity by 40% is already underway, which is expected to be completed by mid-August. The company is now considering a larger scale expansion which would increase current capacity by 100%. The site produces dicumyl peroxide (DCP), an organic peroxide used as a crosslinking agent in the manufacture of polymers.
“Demand for our products is growing rapidly and expanding our existing facilities provides a great opportunity to meet the needs of our global customers,” said Johan Landfors, Managing Director for AkzoNobel’s Polymer Chemistry business.“ 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.”
DCP is a crosslinking agent used to produce a variety of polymers with exceptional durability. These polymers can be found in many different products, such as shoe soles, a market which has been growing in developing countries in particular. DCP is also used in polymers for insulating high-voltage cables, which are in growing demand to upgrade electricity networks and connect offshore wind parks and other sources of renewable energy.