06 February 2012 10:35 [Source: ICIS news]
LONDON (ICIS)--AkzoNobel will strengthen its position in the global monochloroacetic acid (MCAA) market by expanding its production capacity in the ?xml:namespace>
The company said its MCAA facility at Delfzijl in the
AkzoNobel added that it is to further increase MCAA production capacity at its Taixing site in
Financial details of the capacity expansions were not disclosed.
“The additional capacity will be used to grow with our existing customer base and further strengthen the competitiveness of AkzoNobel,” said Jurgen Baune, general manager of AkzoNobel’s MCAA business.
“Our key focus will be to serve the increasing demand for high-purity MCAA in main end-markets like agrochemicals, carboxymethyl cellulose (CMC), surfactants and thioglycolic acid.”
Since the inauguration of the Delfzijl plant in 2006 and the Taixing plant in 2002, AkzoNobel has been steadily expanding the production capacities at both facilities to serve growing demand.
“We believe that the expansion of these two facilities will further enhance our competitive position in the global market,” said Baune.
The global MCAA market is currently estimated at 650,000 tonnes/year, the company said.
In addition to the Delfzijl and Taixing plants, AkzoNobel operates MCAA facilities in the
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