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(Plastemart) -- AkzoNobel
announced its intention to invest EUR45 mln in a new Dicumyl Peroxide (DCP)
plant at its Ningbo multi-site in China to meet a growing local, regional and
global demand. Widely used as cross-linking agent for various polymers and
copolymers, DCP can be found in a variety of products like shoe soles, cable
insulation and construction insulation. The new facility will expand AkzoNobel
Functional Chemicals' DCP production capacity by over 30% to 25,000 metric tons
and allow for future expansion as the market continues grow. Expected to be
completed by mid-2014, it will be the fifth plant built on the multi-site and
benefit from the shared infrastructure and state-of-the-art facilities.
Perspectives of development of the polymers markets, pricing issues and
other important aspects will be discussed at The Polymers
Summit-2011, which will be held in Moscow on November 30, 2011 at the
Ritz Carlton Hotel. The Summit is organized by MRC and supported by ICIS.
The main idea of the Summit is to find a "the golden mean" between producers and
converters. When producers receive exactly such margin of production, which
helps them to invest in production expansion in order to substitute polymers
imports, and the converters receive such price of feedstock that helps them to
compete imported finished products. The Summit site gives an access to the live
video of the Summit, speakers' presentations, as well as opportunities to ask
questions or make appointments to any Summit partcipant.
mrcplast.com
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