AkzoNobel expands pharma salt production in Denmar
Post# of 301275
October 9, 2017
AkzoNobel's Specialty Chemicals business has completed the expansion of a production site in Denmark which supplies essential pharmaceutical grade salt for the healthcare industry.
Located in Mariager, the products supplied by the facility are used as an active pharmaceutical ingredient in various applications, including intravenous solutions, insulin and baby food. Prior to the expansion - which increased capacity by 60% - supply struggled to keep up with demand.
"Our facility produces the purest salt in the world," explained Nils van der Plas, General Manager of AkzoNobel's Salt business. "This expansion will now enable us to serve a strong growing market worldwide."
He added that the main market for pharmaceutical grade salt lies in dialysis solutions. The number of dialysis treatments is increasing across the globe, mainly due to increasing number of patients and improving health care in many developing countries.
"Following a year of detailed engineering, construction and testing, the Mariager site is now well positioned to continue capturing the organic dialysis market developments," continued Van der Plas. "This specific market is growing globally by 7 to 8% per year and is expected to continue growing at this pace for at least another generation."
In addition to dialysis, pharmaceutical grade salt is also used as a base material for liquid medications and dietary formulations.
---
AkzoNobel creates everyday essentials to make people's lives more livable 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.
Not for publication - for more information
AkzoNobel Media Relations T: +31 88 969 7833 Contact: Andrew Wood
Attachments:A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/Attachm...4f7596bacc
Attachments: