AkzoNobel Will Close Organic Peroxides Production Plant in Deventer Netherlands By 2016

AkzoNobel to phase out organic peroxides production at Deventer, the Netherlands

7:23 AM, 30th August 2013
AkzoNobe Closes Organic Peroxides Production Plant

AMSTERDAM, THE NETHERLANDS: AkzoNobel plans to phase out the production of organic peroxides at its site in Deventer, the Netherlands by the end of 2016. The production activities currently carried out in Deventer will be moved to other existing production facilities in Europe, North America, and China over the next 3 years. The intention to stop production in Deventer will impact approximately 215 employees at the site.

The announcement to phase out organic peroxides production is aimed at increasing efficiencies and productivity, thereby improving performance in its global manufacturing footprint, and takes account of trends in its end-user market segments. The site’s regional R&D and state-of-the-art technology centre will remain in full operation, employing approximately 235 personnel.

“Global demand patterns for organic peroxides are trending away from mature markets in Europe and becoming increasingly concentrated in Asia and North America. The organic peroxides market also faces over-capacity. Consolidating production and following demand will lead to lower costs to serve our customers, improving our competitiveness and performance,” said Werner Fuhrmann, Executive Committee member responsible for the Specialty Chemicals business, AkzoNobel.

 

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