Press release -
AkzoNobel to further invest in colloidal silica production
AkzoNobel’s Pulp and Performance Chemicals business has announced its intention to increase capacity at several of its colloidal silica production sites.
The planned expansions – at facilities in Asia and Europe – should be completed
in the latter half of 2014. Colloidal silica is used in a wide variety of
everyday products, with the company’s main markets including electronics,
paper, construction and coatings.
“As a leading world producer of colloidal silica, we have identified major growth potential for our colloidal silica products, particularly in Asia,” explained Lars Andersson, Director of Silica and Paper Chemicals. “We have therefore taken a strategic decision to increase capacity at our production plants in Taiwan, China and Germany.”
Added Ann Lindgärde, Director of Sales and Marketing for Colloidal Silica: “We are continuously strengthening our innovative product portfolio and these investments mean we will be well positioned to support the growth of our customers in two of our key markets.”
The planned investments are in line with AkzoNobel’s strategy of focusing on global leadership positions in pulp bleaching, paper chemicals, colloidal silica and expandable microspheres.
Facts: Natural chemistry – our specialty
Silicon
dioxide (SIO2) is abundant in nature. When treated chemically it can
be used in the production of a number of everyday products, including paper,
metals, electronics, paints, pharmaceuticals, food products, textiles, concrete
and batteries.
One-quarter of the Earth’s surface is silicon dioxide. This is an enormous resource, which we at AkzoNobel are using to create products with unique and very specific characteristics that are of great value to a number of industries. Read more on www.colloidalsilica.com
For more
information
AkzoNobel
Pulp and Performance Chemicals
Telephone +46 709
57 71 22
A-C
Hartmann
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Topics
- Chemical industry
Categories
- pulp and performance chemicals
- colloidal silica plant in guangzhou
- colloidal silica
- investment
- silica
- akzonobel pulp and performance chemicals
- akzonobel
- akzo nobel
Note to editors
Pulp and Performance Chemicals is a business unit
within AkzoNobel. We are a leading global force in pulp bleaching technologies,
paper chemicals, colloidal silica and expandable microspheres. Our 2,400
employees serve the pulp and paper and other industries in 35
countries. Read more on www.colloidalsilica.com
Safe Harbor Statement This press release contains statements which address such key issues as AkzoNobel’s growth strategy, future financial results, market positions, product development, products in the pipeline, and product approvals. Such statements should be carefully considered, and it should be understood that many factors could cause forecasted and actual results to differ from these statements. These factors include, but are not limited to, price fluctuations, currency fluctuations, developments in raw material and personnel costs, pensions, physical and environmental risks, legal issues, and legislative, fiscal, and other regulatory measures. Stated competitive positions are based on management estimates supported by information provided by specialized external agencies. For a more comprehensive discussion of the risk factors affecting our business please see our latest Annual Report, a copy of which can be found on the company’s corporate website www.akzonobel.com.
