Functional Chemicals
key developments 2015

  • Revenue was up 4 percent due to positive currency effects; while volumes overall were slightly negative
  • Volumes in the oil drilling segments decreased due to low demand, while in China, volumes were down primarily due to the incident at the port of Tianjin
  • Construction of our dicumyl peroxide plant at Ningbo, China is on schedule for completion by the end of 2016. The plant will serve the global market for the crosslinking of plastics and rubbers
  • Production levels for our performance additives plant in Ningbo further increased, supported by higher captive sales to AkzoNobel Decorative Paints
  • Our sites in Mons (Belgium), Los Reyes (Mexico), Pasadena and Battleground (US) were modernized and expanded
  • Continuous Initiator Dosing (CiD) technology, an innovation which offers a safer and more cost-efficient initiator system for PVC production, continues to gain traction with customers globally
  • Our Ethylene and Sulfur Derivatives business commercialized six new products, including Bolikel XP and offerings in our Bermocoll and ELOTEX lines

Chemical platforms

Polymer Chemistry and Ethylene Oxide Network

Some of our customers

  • Air Products
  • Fenzi
  • FMC Corporation
  • Formosa
  • Henkel
  • Procter and Gamble
  • (P&G)
  • Sabic (OP)
  • Yara

Top raw materials

  • Ethylene
  • Acid chlorides, chloroformates
  • Polymer emulsions
  • Ammonia, HCN
  • Sulfur

Key cost drivers

  • Ethylene
  • Energy
  • Sulfur
  • Salt