AkzoNobel, Ineos Nitriles cooperate chelates production

AkzoNobel, Ineos Nitriles to cooperate on chelates production

5:58 AM, 21st April 2018
AkzoNobel, Ineos Nitriles to cooperate on chelates production
Biodegradable chelates are used in detergents and other industries.

AMSTERDAM, NETHERLANDS: AkzoNobel Speciality Chemicals and Ineos Nitriles have signed a long-term cooperation agreement that will allow AkzoNobel to expand its production of biodegradable chelates, utilizing one of Ineos Nitriles’ chemical products.

Biodegradable chelates are used in detergents and other industries.

The move will strengthen AkzoNobel Speciality Chemicals’ leadership position in the chelates business, supporting customer growth as well as improving both companies’ sustainability profile.

AkzoNobel will invest in production facilities at Ineos’ site at Cologne, Germany. Ineos Nitriles is the world’s largest producer of acrylonitrile, a key chemical building block used ultimately in the automotive, home appliance, garment, carbon fibre and water purification industries. 

With this partnership, AkzoNobel will be able to expand its chelates production in Europe. Construction of the new facilities at Cologne will start later this year and completion is due in 2020; Ineos will operate these new plants.

“This long-term co-operation is a strategic step to secure a solid asset base for high-quality chelates in Europe and will allow us to support growing demand from our customers,” said Peter Kuijpers, general manager chelates and micronutrients at AkzoNobel Speciality Chemicals.

“The sustainability profile of the chelates business will improve by making use of a raw material with a lower carbon footprint, by switching heat and electricity to more environmentally friendly energy sources or renewable electricity, and by decreasing the transport distance of our products,” added Kuijpers.

“Today’s announcement builds on the existing supply relationship with AkzoNobel Specialty Chemicals at our Lima, US facility. It continues the strategy of attracting petrochemical integration opportunities to the Cologne site and, importantly, our chemicals will be used to enable a significant industry sustainability improvement, which we are especially proud of,” said Gordon Adams, business director of Ineos Nitriles.

“This announcement reflects three key aspects of our strategy – investing to grow with our customers, working closely in partnerships and improving our sustainability profile. It’s the latest in a series of projects we have announced to strengthen our leadership position in key markets and deliver sustainable solutions, said Werner Fuhrmann, CEO of AkzoNobel Speciality Chemicals.

“We have a strong existing supply relationship with AkzoNobel Specialty Chemicals which we are looking forward to developing even further in the future,” added Paul Overment, CEO of Ineos Nitriles.

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