LANXESS builds new plant for high-tech plastics in Belgium
EUR 75 million investment in new polymerization plant in Antwerp
“This investment is yet another milestone on our way towards profitable growth, and a clear commitment to our Antwerp site. High-tech plastics play a critical role in our global strategy. Our plans for growth depend on innovations and technologies that support the global megatrends. Activities therefore are focused on solutions for sustainable mobility,” said Axel C. Heitmann, Chairman of the Board of Management of LANXESS AG, at the groundbreaking ceremony for the new polyamide facility. Global demand for high-tech plastics is expected to rise by five to six percent each year through 2020. The automotive industry is one of the main growth drivers for LANXESS plastics.
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