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Business

AkzoNobel to add china Surfactants

by Michael McCoy
August 1, 2011 | APPEARED IN VOLUME 89, ISSUE 31

AkzoNobel is acquiring Boxing Oleochemicals, a Chinese firm that Akzo calls the leading supplier of nitrile amines and derivatives in Asia. Established in 1993, Boxing had sales last year of about $145 million. Bob Margevich, managing director of AkzoNobel Surface Chemistry, says Azko plans to increase capacity at Boxing’s Shandong site with its own manufacturing technology.

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