“Working together with our customers, we’re confident we can successfully accelerate growing our chloromethanes business by stretching the current asset base to the maximum. It aligns with our strategy to accommodate the growing demand of our key customers, while further increasing the integrity of our assets.”
Added Werner Fuhrmann, member of AkzoNobel’s Executive Committee responsible for Specialty Chemicals: “Expanding our chloromethanes capacity will improve the productivity of our Frankfurt cluster while also providing important supply chain benefits for our customers to accompany their growth ambitions.”
Chloromethanes are used as intermediates in the production of pharmaceuticals, agrochemicals, refrigerants, silicone polymers and fluoropolymers, and are important raw materials for the construction and automotive industries, water treatment, cookware and electronics.
AkzoNobel has leading positions in chloromethanes, holding number one market positions for most of its products and applications in Europe.