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Business
AkzoNobel forms venture in India
by Jean-François Tremblay
December 19, 2016
| A version of this story appeared in
Volume 94, Issue 49
AkzoNobel and India’s Atul will build a 32,000-metric-ton-per-year monochloroacetic acid (MCAA) plant in the state of Gujarat, India. Atul, which will supply chlorine and hydrogen to the facility, uses MCAA to produce the herbicide 2,4-dichlorophenoxyacetic acid (2,4-D). AkzoNobel is not the first European chemical firm to invest in Indian MCAA production. In 2008, CABB Chemicals bought a majority stake in Karnavati Rayasan, currently India’s largest MCAA producer.
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