Nouryon aims to expand its presence in the global metal alkyls market with this acquisition. The company has also expanded its production capacity at its Rotterdam site in the Netherlands and acquired the China-based metal alkyls producer Zhejiang Friend to strengthen its worldwide position.
Sumitomo Chemical is constructing a new plant in Japan which will produce 1,3-diisopropanolbenzene and supply it to Nouryon as it’s a vital raw material for the production of the company’s Perkadox 14 organic peroxide.
A groundbreaking ceremony has taken place at Akzo Nobel’s North American Wood Coatings facility in High Point, North Carolina. The event officially started a $ 55.4 million investment, which is to transform the site’s manufacturing capability.
Nouryon has successfully produced the first ethylene amines products in a Swedish demonstration plant, confirming the new technology on an industrially relevant scale and marking the next step towards full commercialization. The company plans to built a world-scale manufacturing facility based on this new technology.
Nouryon has undertaken this move after completing a major expansion project at its site in China. Its plant can now produce up to 38,000 tonnes per year of Dicumyl Peroxide. The project is expected to meet the growing demand for DCP within the region as well as around the globe.
With the mega investment, Akzo Nobel has plans to add three additional production lines to its facility in China. The move will also support additional supplies of acrylic powder coatings, metallic powder coatings and powder primers for the automotive sector.
Nouryon has expanded the production of dialkyl peroxide by 25 % at the company’s Ningbo site in China. The firm’s product under the brand ‘Perkadox 14’ plays an important role in the production of various elastomer-based products.
The plant which is capable of converting renewable electricity into green hydrogen can be scaled up from 20MWs to 60 MWs. The move will enable the facility to convert 9,000 tonnes of green hydrogen per year and meet the demand for sustainable aviation fuel.
Under the deal, Nouryon has plans to launch two new additives – Berol 6446 and Berol 6430 for the fuels market. The latest additives are expected to enhance the combustion efficiency of diesel and lower-viscosity heavy fuel oil for transportation and power generation.