DUSSELDORF, GERMANY — Additives producer Akcros Chemicals Ltd. is feeling hemmed in at its old plant in the Netherlands, and is making plans to bust out.
The Eccles, England-based firm, which on Oct. 1 became a wholly owned subsidiary of Akzo Nobel NV, announced plans at K'98 to build a new production facility in Roermond, the Netherlands. The plant should come on stream in the latter part of the year 2000, according to Hans van der Waal, business manager for Akcros' nonvinyl additives.
The company's current Dutch plant was built in 1869, in the heart the 900-year-old city, van der Waal said in an interview at the firm's Dusseldorf trade-show booth.
The new facility, for which no investment, capacity or employment details are being released yet, is just three miles down the road, in an industrial park.
The new plant will produce the company's AkcroPak one-pack additive blends, as well as metal stearates. For the stearates business, this backwards integration should translate into lower costs, the firm said.
Akcros, Europe's largest supplier of PVC processing aids, continues to step up its nonvinyl additives businesses, said van der Waal. He termed this a small but growing product area for the company, and noted that Akcros' plant in New Brunswick, N.J., ``eventually may also make nonvinyl additives'' for the North American markets.
At present, that 80-person plant makes stabilizers and biocides for the plastics industry, and coatings additives and radiation-curing chemicals.
Last month the Arnhem, Netherlands-based Akzo Nobel completed its £65.9 million ($107.4 million) purchase of the 50 percent share of Akcros that it did not already own, buying out partner Elementis plc of London.