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Article: Dutch chemical giant Akzo Nobel starts building 380-million-euro China plant
- Article from:
- Xinhua News Agency
- Article date:
- March 7, 2008
CopyrightCopyright 2008 Xinhua News Agency. Provided by ProQuest LLC. (Hide copyright information)
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Dutch chemical giant Akzo Nobel starts building 380-million-euro
China plant
HANGZHOU, March 7 (Xinhua) -- Akzo Nobel, the world's leading
paint and chemical provider, has formed a new enterprise to
createits largest China production base in the eastern Zhejiang
Province,a group spokesman said on Friday.
The new chemical enterprise, Akzo Nobel Chemicals (Ningbo)
Co.,Ltd. was set up on Thursday in the chemical industrial zone of
Ningbo City's Zhenhai District.
The enterprise's main products, chelates and ethenamine, are
expected to start being manufactured in 2009 and 2010, respectively,
with an initial investment of 250 million euros (385 million U.S.
dollars), said Robert Margevich, ...