24 May 2012 07:17 [Source: ICIS news]
TAIXING, China (ICIS)--AkzoNobel plans to expand its monochloroacetic acid (MCAA) capacity to 100,000 tonnes/year from the current 60,000 tonnes/year by the second quarter of 2013, a company official said on Thursday.
Knut Schwalenberg, managing director of AkzoNobel Industrial Chemicals, was speaking at the foundation-laying ceremony for the expansion held at Taixing in ?xml:namespace>
The company did not disclose the financial details of the expansion.
AkzoNobel expects its revenue in
MCAA is mainly used as a chemical intermediate for the synthesis of other products. Major applications of MCAA are related to the production of carboxymethyl cellulose (CMC) and products such as esters and glycine.
($1 = €0.80)
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