AkzoNobel Specialty Chemicals to expand facility in Maharashtra
AkzoNobel Specialty Chemicals will be expanding capacity and upgrade its organic peroxides facility in Mahad in Maharashtra to meet growing demand from customers in India and the Middle East. The expansion of the facility is expected to be completed by the end of 2018.
“This expansion will allow us to build on our strong presence in numerous organic peroxide market segments, particularly in PVC, acrylics and thermoset resins,” Johan Landfors, member of the executive committee responsible for polymer chemicals said. In addition to the capacity expansion, a new waste water management system will also be installed to make the process environmentally sustainable.
The company is also investing in a monochloroacetic acid project in a joint arrangement with Atul in Gujarat, due to start production in 2019.