“Demand for Perkadox 14 in Asia and worldwide is on the rise because it has less odor compared to other organic peroxides on the market, which is ideal for consumer products such as athletic shoe soles and yoga mats,” said Markus Majoor, Global Market Segment Lead at Nouryon. “We manufacture a significant share of the dialkyl peroxide that is used in the market today, and through this expansion we are ready to meet growing customer demand and strengthen our leadership position.”
Johan Landfors, Managing Director Polymer Chemistry at Nouryon, added: “Since 2018, we have invested more than €100 million to build organic peroxides production capacity across the globe, and as a global leader we’ll continue to invest in expanding our operations to maintain our world class level of customer service.”
The Ningbo expansion is the latest in a series of investments by Nouryon to better serve and grow with its customers in the polymer market. For example, the company recently completed projects in India, Mexico, and the United States.
Click here for more information about Nouryon's recent growth projects.