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Today AkzoNobel announces the 20 finalists for its Imagine Chemistry initiative, which was launched earlier this year to help solve real-life chemistry-related challenges and to uncover sustainable opportunities for the company’s Specialty Chemicals business.

AkzoNobel Specialty Chemicals is investing more than €12 million to expand production capacity and upgrade its organic peroxides facility in Los Reyes, Mexico.

Amsterdam, January 17, 2017 – AkzoNobel is leading a consortium of companies, including DSM, Google and Philips, in signing a multi-year contract for the purchase of wind power from Bouwdokken Wind Park.

A new contract with energy company Vattenfall will enable AkzoNobel to ramp up the supply of renewable electricity to its facilities in Sweden and Finland. Hydro power and wind already make up the majority of the electricity supplied by Vattenfall, and the companies have agreed to further increase the share of renewable energy to the facilities to 100% by 2020.

Ten start-ups will see their ideas for more sustainable chemistry move a step closer to reality after being named winners of AkzoNobel’s Imagine Chemistry challenge.

AkzoNobel has signed a framework joint development agreement with specialty chemicals company Itaconix to explore opportunities for the production of bio-based polymers.

AkzoNobel Specialty Chemicals and Renmatix, a leader in the global plant-based technology movement, will jointly develop biomass-based performance additives that improve the properties of architectural paints and construction materials.

AkzoNobel Specialty Chemicals has officially broken ground for construction of a state-of-the-art organic peroxide production facility in Tianjin, China.

AkzoNobel Specialty Chemicals has broken ground for a demonstration plant to showcase a revolutionary and more sustainable technology platform for producing ethylene amines and their derivatives from ethylene oxide.

Today AkzoNobel Specialty Chemicals celebrates the 10th anniversary of its Ningbo site in China. Since it was inaugurated, the site has grown to be the company’s largest site in China, employing more than 500 people.

AkzoNobel Specialty Chemicals has completed its acquisition of Brazil’s Polinox, South America’s leading producer of ketone peroxides, an essential ingredient in the manufacture of polymers.

AkzoNobel Specialty Chemicals has broken ground on a project to expand production capacity and upgrade its organic peroxides facility in Mahad, India.

AkzoNobel Specialty Chemicals will start supplying the first-ever emulsion-based organic peroxides in the US for the manufacture of polyvinyl chloride (PVC). The emulsion products are safer alternatives to solvent-based peroxides for making PVC, a plastic used in everyday applications including pipes, doors, windows and home siding.

The former AkzoNobel Specialty Chemicals is today being relaunched as Nouryon. The move follows the recent acquisition of the business by The Carlyle Group and marks the company’s transition to becoming an independent, global specialty chemicals leader.