20 April 2018
NITRILES PRODUCT RANGE
DETAILS
AkzoNobel Specialty Chemicals and INEOS Nitriles
have signed a long-term co-operation agreement
that will allow AkzoNobel to expand
its production of biodegradable chelates,
used in detergents and other industries,
utilizing one of INEOS Nitriles’ chemical products.
The move will significantly strengthen
AkzoNobel Specialty Chemicals’ leadership position
in the chelates business, supporting customer growth
as well as improving both companies sustainability profile.
AkzoNobel Specialty Chemicals will invest
in production facilities
at INEOS’s site at Cologne, Germany.
INEOS Nitriles
is the world’s largest producer of acrylonitrile
a key chemical building block
used ultimately in the automotive, home appliance,
garment, carbon fiber and water purification industries.
With this partnership,
AkzoNobel Specialty Chemicals
will be able to expand its chelates production in Europe.
Construction of the new facilities at Cologne
will start later this year
and completion is due in 2020,
INEOS will operate these new plants.
Demand for high-quality chelates
has been increasing strongly in the last couple of years
and in particular following
the European ban on phosphates
in consumer automatic dishwasher detergents
due to environmental concerns.
Werner Fuhrmann,
CEO of AkzoNobel Specialty Chemicals
“This announcement reflects
three key aspects of our strategy –
* investing to grow with our customers,
* working closely in partnerships and
* improving our sustainability profile.
It’s the latest in a series of projects
we have announced
to strengthen our leadership position
in key markets and deliver sustainable solutions.”
Paul Overment,
CEO of INEOS Nitriles
“We have a strong existing supply relationship
with AkzoNobel Specialty Chemicals
which we are looking forward
to developing even further in the future.”
Gordon Adams,
Business Director of INEOS Nitriles
“Today’s announcement builds on
our existing supply relationship
with AkzoNobel Specialty Chemicals
at our Lima, US facility.
It continues the strategy of attracting
petrochemical integration opportunities
to the Cologne site and, importantly,
our chemicals will be used to enable
a significant industry sustainability improvement,
which we are especially proud of.”
Peter Kuijpers,
General Manager –
Chelates and Micronutrients at AkzoNobel Specialty Chemicals
“This long-term co-operation is a strategic step
to secure a solid asset base
for high-quality chelates in Europe
and will allow us to support growing demand
from our customers,”
“The sustainability profile of the chelates business
will improve by making use of a raw material
with a lower carbon footprint,
by switching heat and electricity
to more environmentally friendly energy sources
or renewable electricity, and
by decreasing the transport distance of our products,”
Press information:
Richard Longden (INEOS) +41 21 627 7063
WWW.CHEMWINFO.COM BY KHUN PHICHAI
