GOTHENBURG, Sweden, July 10, 2013 (Press Release) -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.
AkzoNobel is a leading global paints and coatings company and a major producer of specialty chemicals. We supply industries and consumers worldwide with innovative products and are passionate about developing sustainable answers for our customers. Our portfolio includes well-known brands such as Dulux, Sikkens, International and Eka. Headquartered in Amsterdam, the Netherlands, we are consistently ranked as one of the leaders in the area of sustainability. With operations in more than 80 countries, our 50,000 people around the world are committed to excellence and delivering Tomorrow's Answers TodayTM.
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.