Dutch chemicals group Akzo Nobel NV has signed a memorandum of understanding (MOU) with the Ningbo Chemical Industry Zone (NCIZ) for a new chemicals multi-site in China. The plans include installation of the facilities on a 50-hectare plot, making it one of the company's biggest sites. Azko plans to build plants to manufacture ethylene amines and chelating agents and organic peroxides.
Official approval has also been given for a petrochemical cracker to be installed within the complex, which will give access to a range of basic raw materials.
12-Oct-06 
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