AkzoNobel’s speciality chemicals business has broken ground at its Kvarntorp, Sweden plant, as part of a project to expand production capacity for chelated micronutrients.
These micronutrients are used as essential minerals in the agricultural market.
The investment of more than €10 million will help meet growing demand for micronutrients, particularly in regions with poor soil conditions. On track to be completed late 2018, the expansion will primarily add capacity for high-performance iron chelates, in which AkzoNobel is a market leader.
This project is the latest in a series of capital investments AkzoNobel has made to support the growth of our customers across a range of end-use markets. Recently, the company completed expansion projects at its LeMoyne sulphur derivatives plant in the US, the surface chemistry facility in Boxing, China, a so-called Chemical Island (a concept developed by AkzoNobel) in Brazil and a pharmaceutical grade salt production facility in Denmark.
Read More: AkzoNobel breaks ground for micronutrients expansion project
No comments:
Post a Comment