Nouryon to invest in new US plant for expandable microspheres
Nouryon (formerly AkzoNobel Specialty Chemicals) announced that it has selected a location in the USA for a world-scale polymerisation plant for its Expancel expandable microspheres. Advanced engineering is under way and long delivery item procurement has started. The project is scheduled for completion in late 2020, subject to final board approval, said Nouryon.
“This investment is an important step to meet the fast-growing demand for this product,” said Sylvia Winkel Pettersson, Director Expancel at Nouryon. “The planned facility will enable us to better serve our customers in the USA and globally.”
According to the company, the project will strengthen its position in expandable microspheres, which are used to make customers’ end products lighter and reduce costs. Expancel microspheres are used as a lightweight filler and a blowing agent to make end products lighter, obtain different surface effects, and reduce costs by requiring less raw material. “It is a versatile product used in a multitude of applications and markets,” Winkel Pettersson said. “It offers benefits such as lower density and better insulation – some of the key applications include automotive and construction.”
Nouryon is a leading producer of expandable microspheres. The planned US investment follows a recently completed Expancel capacity increase at Sundsvall, Sweden, scheduled to be fully on-line in Q2 2019.
“These projects reflect Nouryon’s commitment to be a trusted partner for our customers, who rely on us to support the growth of their business,” said Niek Stapel, Managing Director Pulp and Performance Chemicals. “We will take our growth ambitions to the next level by making strategic investments with attractive returns tailored to the needs of our customers.”