AkzoNobel invest € 140 million in Frankfurt chlorine plant

AkzoNobel to invest € 140 million in Frankfurt chlorine plant

3:16 PM, 21st June 2011
AkzoNobel to invest € 140 million in Frankfurt chlorine plant

 

AMSTERDAM, THE NETHERLANDS: AkzoNobel is investing € 140 million to convert its chlorine plant in Frankfurt, Germany, to the latest membrane electrolysis technology. The new facility, which will increase current capacity by around 50 per cent, will help to reinforce the company’s leadership positions in Europe’s caustic lye and chloromethanes markets, while the total eco-footprint per ton of product will be improved by nearly 30 per cent.

“This significant investment in our Frankfurt site - one of the strongest European chemical clusters – will enable us to meet robust customer demand, while improving our eco-footprint, It is fully aligned with AkzoNobel’s values as we continue to invest in leadership positions in our traditional markets,” said Rob Frohn, Executive Committee Member responsible for Specialty Chemicals, AkzoNobel.

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