AkzoNobel creates everyday essentials to make people's lives more liveable and inspiring. As a leading global paints and coatings company and a major producer of specialty chemicals, we supply essential ingredients, essential protection and essential color to industries and consumers worldwide. Backed by a pioneering heritage, our innovative products and sustainable technologies are designed to meet the growing demands of our fast-changing planet, while making life easier. Headquartered in Amsterdam, the Netherlands, we have approximately 46,000 people in around 80 countries, while our portfolio includes well-known brands such as Dulux, Sikkens, International, Interpon and Eka. Consistently ranked as a leader in sustainability, we are dedicated to energizing cities and communities while creating a protected, colorful world where life is improved by what we do.

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Specialty Chemicals Communications

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 AkzoNobel to expand micronutrients capacity in Europe

AkzoNobel is to invest more than €10 million in Sweden to expand capacity for its chelated micronutrients, which are used as essential ingredients in the agricultural market.

The project, at Kvarntorp, will help meet growing demand for micronutrients, particularly in regions with poor soil conditions.

Due to be completed next year, the expansion will primarily add capacity for high Performance iron chelates, in which AkzoNobel is market leader.

“High performance chelate demand is growing fast, and this expansion will ensure that we can meet our customers’ requirements going forward,” explained Wout Neleman, Director of Micronutrients at AkzoNobel.

“Analysts estimate a global micronutrient demand growth of over 5% per year, partly driven by population growth and the increasing global issue of water scarcity in many regions.

”High performance chelates deliver essential metals to plants, helping to increase agricultural productivity. This is increasingly important as rising world population reduces the amount of arable land for food production, necessitating the cultivation of poor soils.

Application by fertigation –where plant nutrients are supplied in a liquid solution –is key in this segment.

“This is an important strategic investment to support our customers and strengthen our leadership position in this market,” added  Thierry Vanlancker, AkzoNobel’s Executive Committee member responsible for Specialty Chemicals. “It also underlines our commitment to sustainability and our Human Cities initiative by helping to increase agricultural yields in regions with poor soil conditions while also supporting the growing trend towards hydroponic agriculture and urban farming.”

AkzoNobel has partnerships with global fertilizer companies Yara and SQM for worldwide distribution of  its chelated micronutrients, which are also produced in Herkenbosch, the Netherlands, and in Lima, Ohio,the US.

AkzoNobel creates everyday essentials to make people’s lives more liveable and inspiring. As a leading global paints and coatings company and a major producer of specialty chemicals, we supply essential ingredients, essential protection and essential color to industries and consumers worldwide. Backed by a pioneering heritage, our innovative products and sustainable technologies are designed to meet the growing demands of our

fast-changing planet, while making life easier. Headquartered in Amsterdam, the Netherlands, we have approximately

46,000people in around 80 countries, while our portfolio includes well-known brands such as Dulux, Sikkens, International, Interpon and Eka. Consistently ranked as a leader in sustainability, we are dedicated to energizing cities and communities while creating a protected, colorful world where life is improved by what we do.

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Last Updated ( Friday, 02 June 2017 )