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Business

Akzo Expands In Brazilian Paper

May 28, 2007 | A version of this story appeared in Volume 85, Issue 22

Eka Chemicals, the pulp and paper chemicals business of Akzo Nobel, is investing about $67 million in a deal with a Brazilian papermaker. The company has inked a 15-year agreement to supply, store, and handle chemicals for a new eucalyptus-based pulp mill being constructed in Tres Lagoas by Votorantim Celulose e Papel. EKa says it will construct a "chemical island" at the site, primarily for chlorine dioxide production. The company is also building a facility for sodium chlorate in Jundia, Brazil.

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