Lanxess build new plastics plant in China; invests €20 million

Lanxess to build new plastics plant in China; invests €20 million

6:26 AM, 24th November 2017
Lanxess to build new plastics plant in China; invests €20 million

COLOGNE, GERMANY: Lanxess AG is strengthening its presence in China by building a new plant for high-performance plastics in Changzhou for around €20 million.

From Q2 2019, the compounding plant is to produce up to 25,000 metric tonnes of Durethan- and Pocan-branded high-tech plastics for the automotive sector and the electric and electronics industry.

With the investment, Lanxess is also significantly strengthening the Changzhou site. At the Binjiang Chemical Park in Changzhou, the group already has plants for leather chemicals and synthetic rubber, which currently employ around 350 people. The new plant for high-performance plastics will create 35 additional jobs.

Lightweight solutions for modern mobility

The automotive industry is the most important customer for Lanxess’ high-performance plastics. The innovative materials allow the construction of components to replace metal parts in motor vehicles and thus contribute to reducing weight, fuel consumption and emissions. Lanxess plastics are used, for example, in engine applications, door structures, pedals, front ends and cockpit cross members. Depending on the part, the lightweight construction can make a weight-saving of up to 50 percent.

“China is the largest automotive market in the world and is setting the pace for electromobility. We want to support growth in this important region and are expanding our presence in the high-performance plastic segment,” said Matthias Zachert, chairman of the Lanxess board of management.

“At the same time, we are expanding our global network of compounding plants with the new production site and are continuing to consistently focus our portfolio on high-value plastics,” added Michael Zobel, head of the high-performance materials business unit, Lanxess.

© Worldofchemicals News

0 Comments

Login

Your Comments (Up to 2000 characters)
Please respect our community and the integrity of its participants. WOC reserves the right to moderate and approve your comment.

Related News


AkzoNobel, SOS extends partnership to fight youth unemployment

AMSTERDAM, NETHERLANDS: AkzoNobel NV and SOS Children’s Villages partnership has designed to help fight youth unemployment – through educa ...

Read more
KBR, Socar JV bags FEED contract for Absheron gas field

HOUSTON, US: KBR Inc said that its SOCAR-KBR Limited Liability Company (SKLLC) joint venture has been awarded a front-end engineering design (feed) co ...

Read more
BP to sell North Sea assets to Serica for £300 million

LONDON, UK: BP PLC has agreed to sell a package of its interests in the Bruce assets in the North Sea to Serica Energy plc. BP currently operates the ...

Read more
Arlanxeo rubber used in World Cup 2018 soccer ball

MAASTRICHT, NETHERLANDS: Arlanxeo said that its bio-based EPDM rubber is used in the Adidas soccer ball of the World Cup 2018. The EPDM rubber (ethyl ...

Read more
Sumitomo acquires 83 pc stake in BRA Group

TOKYO, JAPAN: Sumitomo Chemical Co Ltd has acquired 82.9 percent of shares in Botanical Resources Australia Pty Ltd and its affiliated companies (the ...

Read more
Airgas to build new air separation unit in Mebane, US

RADNOR, US: Airgas USA LLC, an Air Liquide company said that it plans to build a new air separation unit (ASU) in Mebane, North Carolina. The facilit ...

Read more