Lanxess invest €30 million in Brazil

Lanxess to invest €30 million in Brazil

3:14 AM, 7th October 2011
Lanxess to invest €30 million in Brazil
Axel C Heitmann, Chairman of the Board, Lanxess.

LEVERKUSEN, GERMANY/SAO PAULO, BRAZIL: Lanxess is planning three major new investments in Brazil, totaling roughly €30 million, which will create more than 100 jobs. The investments will support the growing trend toward green mobility in the Latin American country. Lanxess’ high-tech materials will offer innovative solutions to the growing local automotive market.

“We are making major investments that will ensure that we participate in the current and future success of the Brazilian economy,” said Axel C Heitmann, Chairman of the Board, Lanxess. “Brazil plays a key role in our company’s BRICS-strategy and our business there will contribute to our goal of achieving €1.4 billion EBITDA pre exceptionals in 2015,” he added.

The three investments include the construction of two new plants at Lanxess’ Porto Feliz site in Sao Paulo. One is for the production of the high-tech engineering plastics Durethan and Pocan – used primarily by the automotive industry to make cars lighter and more fuel efficient. The new plant, which will be run by the business unit Semi-Crystalline Products, will have an initial capacity of 20,000 metric tons per year. The plant will go on stream in the middle of 2013.

The other new Porto Feliz plant will produce the rubber additives Rhenogran as well as Rhenoshape curing bladders. The plant will have an output of 2,000 metric tonne per year of rubber additives and produce 170,000 bladders per year. The plant will start in the fourth quarter of 2012.

“We will turn our Porto Feliz site into a major specialty chemicals hub with the latest technology for our customers in Brazil and Latin America,” said Heitmann.

The third investment involves a pioneering move to use bio-based raw materials in the production of synthetic rubber. Lanxess is re-engineering parts of its plant in Triunfo, Rio Grande do Sul, in order to produce EPDM rubber from bio-based ethylene. This represents the world’s first production of bio-based EPDM rubber which will be named Keltan Eco. A quarter of the 40,000 metric tonne annual capacity at the Triunfo plant is earmarked for Keltan Eco.

To meet the growing demand for ‘Green Tires’ Lanxess is expanding its global capacities for high-performance rubbers used in ‘Green Tires’, including those at its Brazilian sites.

At the same time, Lanxess has already initiated a feasibility study to implement new technology in order to switch production of emulsion styrene-butadiene rubber (ESBR) used in standard tires to solution styrene butadiene rubber (SSBR) used in ‘Green Tires’ at Triunfo. The current capacity for ESBR in Triunfo is 110,000 metric tonne per year and the switch would potentially require a medium-size, double-digit million EUR amount. A final decision will be made mid-2012.

© WOC 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


DuPont starts up $500 million kevlar facility in South Carolina

WILMINGTON, US: DuPont has started its $500 million Cooper river kevlar facility near Charleston in US, which is expected to result in an initial 25 p ...

Read more
A rejected discovery eventually wins Nobel Prize in Chemistry, 2011

STOCKHOLM, SWEDEN: Dan Shechtman (70), a researcher at Technion-Israel Institute of Technology in Haifa, received the award for discovering quasicryst ...

Read more
Amyris, Michelin collaboration for renewable isoprene

  EMERYVILLE, US/PARIS, FRANCE: Amyris and Michelin announced that the two companies have signed a definitive agreement to collaborate in develo ...

Read more
EU policymakers see chemicals sector essential, finds new survey

  MADRID, SPAIN: EU policymakers see an important role for the chemicals sector and its products in society, but public trust remains an issue, ...

Read more
Monsanto acquires Beeologics, a technology start-up

ST LOUIS, US: Monsanto Company has acquired Beeologics, which researches and develops biological tools to provide targeted control of pests and diseas ...

Read more
Cefic revises downward 2011 forecast for EU chemicals sector output

MADRID, SPAIN: Growth in EU chemicals production in 2011 is now predicted to be 2.5 per cent for the EU-27, ex pharma, Cefic said recently. The update ...

Read more