My watch list
my.chemeurope.com  
Login  

LANXESS expands global production network for high-tech plastics

Approximately EUR 20 million to be invested in new plant in Changzhou

24-Nov-2017

Specialty chemicals company LANXESS is strengthening its presence in the growth market China: The Cologne-based company is building a new plant for high-performance plastics in Changzhou for around EUR 20 million. From Q2 2019, the compounding plant is to produce up to 25,000 metric tons of Durethan- and Pocan-branded high-tech plastics for the automotive sector and the electric and electronics industry.

“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 a press conference in Shanghai. LANXESS already operates a plant for high-performance plastics in Wuxi, China.

According to studies, around one in four of the approximately 85 million cars sold around the world this year will be sold in China. This figure is expected be one in three in 2025. The electric and electronics industry also offers a great deal of potential in China. LANXESS expects here annual growth of around nine percent till 2021.

“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,” said Michael Zobel, Head of the High Performance Materials business unit at LANXESS.

Changzhou site to be strengthened

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.

There are also many applications for LANXESS plastics in hybrid and electric vehicles, some of which are already successful in mass production. These include components for charging systems, carriers and cell holders for battery systems as well as sensors and housing parts for electric motors. The materials also have great potential in electromobility infrastructure, such as in housing, switches and terminal clips for charging stations. In autonomous driving, polyamides and polyesters are ideal for connectors for sensors, displays and control units, for example.

Facts, background information, dossiers
  • production plant expansions
  • production
  • investments
More about Lanxess
  • News

    LANXESS strengthens research and development for aqueous polyurethane dispersions

    Specialty chemicals company LANXESS will open a new applications development and technical services (AD & TS) laboratory for polyurethane dispersions (PUDs) in Latina, Italy. As part of the existing Urethane Systems AD & TS center, the new lab will operate as a standalone facility dedicated ... more

    LANXESS: Frederique van Baarle to head the Procurement and Logistics Group function

    Frederique van Baarle (47) will take over as Head of the Procurement and Logistics Group function at specialty chemicals company LANXESS on December 1, 2018. The Dutch native is currently head of the Marketing & Sales Engineering Plastics sector for the EMEA region within the High Performan ... more

    LANXESS increases production for prepolymers in Brazil

    Specialty chemicals company LANXESS is building a new, state-of-the-art facility for the production of prepolymers at its site in Porto Feliz, Brazil. The Urethane Systems business unit is investing a single-digit million Euro amount to expand its prepolymer production capacity, which is sc ... more

  • Companies

    LANXESS Deutschland GmbH

    LANXESS is a leading specialty chemicals company and operates in all important markets of the world. Its core business comprises the development, manufacture and sale of high-tech plastics, high-performance rubber, specialty chemicals and intermediates. In addition, it helps its customers i ... more

    LANXESS Sybron Chemicals Inc.

    LANXESS Sybron Chemicals Inc., provides world-class ion exchange resins to meet the needs of numerous applications. The global strength of Lewatit ion exchange resins in industrial water and chemical processing markets is joined with the solid position Ionac ion exchange resins enjoy in the ... more

    LANXESS S.A.

    LANXESS is listed as the fourth largest German Chemistry Corporation in the Frankfurt Stock Exchange. With our extensive portfolio we are active in all the markets of the world. Our product pallet ranges from base, specialty and fine chemicals to plastics and rubbers. In addition, we sup ... more

Your browser is not current. Microsoft Internet Explorer 6.0 does not support some functions on Chemie.DE