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AkzoNobel Acquires Boxing Oleochemicals

Shangdong, China firm enhances Akzo's manufacturing footprint in Asia.

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By: TOM BRANNA

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AkzoNobel plans to further strengthen its leadership position in specialty surfactants while enhancing its manufacturing footprint in Asia by acquiring Boxing Oleochemicals, a leading supplier of nitrile amines and derivatives in China and throughout Asia. Established in 1993 and based in the province of Shangdong, Boxing had revenues in 2010 of approximately €100 million. Boxing’s activities will be integrated into AkzoNobel’s Surface Chemistry business, which manufactures and supplie...

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