MOSCOW (MRC) -- Nouryon (formely AkzoNobel Specialy Chemicals), a global specialty chemicals leader, has started production at a new manufacturing facility located at its site in Ningbo, China, to meet increasing demand in the Asia region for polymers used in the Packaging, Paints and Coatings and Construction end-markets, as per the company's press release.
The facility, which began development in 2020, has an annual capacity of 35,000 tons and will produce two key intermediates - tert-Butyl hydroperoxide (TBHP) and tert-Butyl alcohol (TBA) - which are essential ingredients in the production of polymers and composites.
"Nouryon is pleased to further support our customers across Asia now that operations are up and running at our new China facility,” said Alain Rynwalt, Vice President of Polymer Specialties at Nouryon. “This investment supports Nouryon’s commitment to meet the growing needs of our customers in the region for products such as safe and hygienic food packaging, paint resins and PVC pipes."
Sobers Sethi, Senior Vice President of Emerging Markets and China at Nouryon, said: "Asia is a key region for Nouryon and the Ningbo site plays a pivotal role in achieving our growth targets. The investment in this new facility underlines our strategy of strengthening our presence in attractive high-growth markets."
Nouryon’s Ningbo site is comprised of six manufacturing facilities that produce chelating agents, organic peroxides, ethylene amines, cellulose ethers and surfactants. In Asia, Nouryon produces organic peroxides in Ningbo and Tianjin, China; Asa, Japan; and Mahad, India.
As MRC reported earlier, in April 2021, Nouryon and Atul successfully started production at Anaven, a new joint venture in Gujarat, India, that will help meet the rapidly growing demand in India’s agricultural, personal care and pharmaceutical markets.
We remind that in January 2021, Nouryon said it had decided to rename its industrial chemicals subsidiary Nobian as part of the company's global growth and branding strategies. The branding change will allow Nobian to develop its integrated European value chain for base chemicals under its own name and brand, the company says. It will also enable Nouryon to focus on growing its worldwide position in specialty chemicals, the company says.
Nouryon was officially formed in October 2018 after separating from AkzoNobel. The company manufactures everyday products, such as paper, plastics, building materials, food, pharmaceuticals, and personal care items. The company operates in over 80 countries around the world and its portfolio of industry-leading brands includes Eka, Dissolvine, Trigonox and Berol.