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



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