AkzoNobel & Atul to start monochloroacetic acid production in India in 2019

Dutch specialty chemicals company AkzoNobel and Atul Ltd, a part of Lalbhai Group, have formally agreed the joint venture partnership announced last year for the production of monochloroacetic acid (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-percent stake in the joint venture, to be registered as Anaven.

As well as building on AkzoNobel's leading position in the MCA market - with plants in the Netherlands, China, Japan and the US - the partnership will also enhance Atul's status as a key global supplier of