The site, which now employs around 230 people, produces many high-value products and serves customers in various markets such as personal care, asphalt, construction, and cleaning.
“Boxing plays a critical role in maintaining our market-leading position, and I want to thank our employees, customers and partners, and the Shandong provincial authorities and local Binzhou City and Boxing County governments for their continued confidence and support,” said AB Ghosh, Managing Director Surface Chemistry.
“A lot of our success in China is due to our efforts to support a more sustainable chemical industry and introduce more environmentally friendly surfactants. We continue to see great opportunity in the region, and we’ll continue to put the necessary resources behind our operations to support our customers’ needs and grow with them.”
Nouryon started production in China in the early 1990s and currently employs nearly 1400 people across nine locations in the country. Besides expanding its surfactants capacity, the company is also investing in capacity to serve the polymers market, including a €90 million organic peroxides production facility in Tianjin and a major expansion of dicumyl peroxide production capacity at Ningbo.
Nouryon CEO Charlie Shaver added: “We’ve been investing heavily in our Chinese sites and we expect this to continue as we want to strengthen our capabilities to help us meet our ambitious global growth."