Atul and AkzoNobel will start monochloroacetic acid (MCA) production in India in 2019. AkzoNobel and chemicals manufacturing company Atul have formally agreed the joint venture partnership announced last year for the production of MCA in India. The companies will establish a new plant at Atul’s facility in Gujarat by first quarter 2019, with each partner holding a 50% stake in the joint venture, to be registered as ‘ANAVEN’.
The partnership will use chlorine and hydrogen manufactured by Atul to produce MCA, taking advantage of both Atul’s existing infrastructure and the leading eco-friendly hydrogenation technology of AkzoNobel.
Atul is an improvement driven, integrated chemical company serving about 5,700 customers belonging to 31 industries across the world.
