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.


© Worldofchemicals News 



Your Comments (Up to 2000 characters)
Please respect our community and the integrity of its participants. WOC reserves the right to moderate and approve your comment.

Related News

Syngenta appoints two executive committee members

BASEL, SWITZERLAND: Syngenta announced two appointments to the Executive Committee. Patricia Malarkey is appointed Head Research and Development with ...

Read more
Evonik opens expanded plant for cosmetics in Indonesia

JAKARTA, INDONESIA: Evonik has opened the newly expanded plant for the production of premium raw materials, additives and ingredients for the cosmetic ...

Read more
Huntsman acquires Oxid for $75 million

THE WOODLANDS, US: Huntsman Corporation has completed the acquisition of the business of Oxid LP, a manufacturer and marketer of specialty urethane po ...

Read more
Synthomer expands polymer dispersion plant in Dammam, Saudi Arabia

HARLOW, UK/DAMMAM, SAUDI ARABIA: Synthomer - Middle East’s market leading position in the supply of acrylic acetate and vinyl acetate ...

Read more
Foster Wheeler awarded Statoil’s feasibility study for Mongstad Refinery, Norway

ZUG, SWITZERLAND: Foster Wheeler’s Global Engineering and Construction Group subsidiary has been awarded a contract by Statoil ASA to undertake ...

Read more
Covanta, New York City sign sustainable solid waste disposal agreement

MORRISTOWN, US: Covanta, a world leader in sustainable waste management and renewable energy, announced a new 20-year agreement with New York City Dep ...

Read more
www.worldofchemicals.com uses cookies to ensure that we give you the best experience on our website. By using this site, you agree to our Privacy Policy and our Terms of Use. X