AkzoNobel to invest more than US$14 million to expand its production
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Chemical Corporation AkzoNobel is investing over US$14.6 million to expand its installed capacity and update its organic peroxides plant in Los Reyes, State of Mexico. Organic peroxides are essential ingredients for the production of a wide variety of plastics. The new investment implies building a new plant expansion to manufacture Perkadox CH-50 organic peroxides, which are currently sold primarily in the heat treated resins market. One of the key segments to grow this market, is the room-temperature cured acrylic resins business, as they are used to paint on roads, re-paving and roofing applications.