Lanxess, TSRC JV start nitrile butadiene rubber plant in China

Lanxess, TSRC JV start nitrile butadiene rubber plant in China

10:02 AM, 23rd May 2012
Lanxess, TSRC JV start nitrile butadiene rubber plant in China
Axel C Heitmann, Chairman, Lanxess.

NANTONG, CHINA/LEVERKUSEN, GERMANY: Lanxess has started up the nitrile butadiene rubber (NBR) plant in Nantong, China, as part of its 50:50 joint venture with Taiwan’s TSRC Corporation. The two companies have jointly invested $50 million in the new plant, which has an initial annual capacity of 30,000 metric tonne. Some 100 new jobs have been created through the investment. The two partners set up a joint venture in May 2010 called Lanxess-TSRC Chemical Industrial Co Ltd and supplied Chinese customers with NBR produced at Lanxess’ La Wantzenau site in France until the start-up of the Nantong plant.

The new plant is built on an area of around 40,000 square metre and is located in the Nantong Economic and Technological Development zone in Jiangsu province, northwest of Shanghai. Construction was achieved with a perfect safety record. “The new plant is the most modern of its kind in Asia and will address the needs of the two leading megatrends in China- rapid urbanization and growing mobility,” said Axel C Heitmann, Chairman, Lanxess.

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