Issue Date: February 6, 2012
AkzoNobel Building Brazilian Plant
AkzoNobel plans to invest $105 million to build a new pulp and paper chemicals plant in Maranhão, Brazil. The plant will supply chemicals to a 1.5 million-ton-per-year pulp mill that is being constructed by Suzano Papel e Celulose and is slated to start up by the end of 2013. AkzoNobel operates several paper chemical plants in Brazil and aims to increase revenues in the country from $1.1 billion in 2010 to $2.0 billion by 2015.
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