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AKZO NOBEL TO RESTRUCTURE PVC-ADDITIVES BUSINESS FOR RIGID APPLICATIONS
30 July 2001 - Akcros Chemicals

Akzo Nobel Business Unit Plastics and Processing Additives (which trades as Akcros Chemicals) announces plans for restructuring its PVC additives for rigid applications business.

Akzo Nobel Business Unit Plastics and Processing Additives (which trades as Akcros Chemicals) announces plans for restructuring its PVC additives for rigid applications business. The restructuring will affect locations in Germany, the United Kingdom and the Netherlands, but will not entail plant closures. Said Kees van Nierop, Managing director of Akcros Chemicals: “One third of Akcros‘ sales are derived from the rigid application segment and this restructuring is intended to lower our cost base and make room for new products in the future. As announced by our Chief Financial Officer, Mr Fritz Fröhlich, in the first quarter, this is a part of accelerated restructuring in the chemicals group.'

“For some years we have seen an increasingly competitive situation developing in this market. Customers continually demand more value for money and Akcros is in a position to deliver on these demands particularly after completion of the restructuring,“ van Nierop added.

Of some 60 employees affected by the restructuring 30 are in production and production related jobs in Dahlem, with the remaining 30 in the sales, administration, production and research areas spread over Düren (Germany), Roermond (NL) and Eccles (United Kingdom). Where appropriate the advice of works councils has been sought and trade unions have been informed. Social plans for the redundancies will be put in place where required.

http://www.akcros.com

About: Akcros Chemicals
Akcros Chemicals, a business unit of Akzo Nobel, is one of the world leaders in the field of additives for the processing and manufacturing of plastics as well as Polysulphide Chemicals for the aerospace, marine and construction industries. Annual sales amount to approximately EUR 200 million. With headquarters located in Eccles, UK, Akcros employs around 900 people. The company has manufacturing sites in the UK, Germany and the USA and sells its products world-wide.

Akcros Chemicals is actively committed to the ongoing development of new products that bring added value to their customers. The company’s biocides are based on the active ingredients Oxybisphenoxarsine (OBPA), Zinc Pyrithione (ZnP) and Iodo Propynl Butyl Carbamate (IPBC). These active ingredients are supplied in liquid, powder and solid form so that customers have a broad range of formulating options depending on their particular end use requirements. To help customers to select the appropriate active ingredient and the levels for their particular formulations, Akcros has state-of-the-art microbiology laboratories in New Brunswick, New Jersey (USA) and Düren, Germany. Akcros Chemicals welcomes the opportunity to work with anyone interested in superior biocidal protection.

Akcros Chemicals’ quality, technical support and customer service are the best in the industry. Working closely with their customers, Akcros are dedicated to their total satisfaction. Call Akcros today (732-220-6882 USA, 44 161 785 1111 UK) to ensure full ‘SANIPROOFED by INTERCIDE’ biocidal protection.

Akzo Nobel, based in the Netherlands, serves customers throughout the world with healthcare products, coatings and chemicals. Consolidated sales for 2000 totaled EUR 14 billion (USD 13 billion, GBP 8.5 billion). The Company currently employs 67,400 people in 80 countries.


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