New factory for producing high performance plastics
The specialty chemicals company LANXESS is continuing to invest in its global high-performance plastics production network and is building another complex at its plant in Krefeld-Uudingen, Germany, at a price of tens of millions of euros. In addition, LANXESS will Construction of warehouses and silos and other facilities.
Starting in the second half of 2019, LANXESS will produce Durethan and Pocan engineering plastics. These two products are mainly used in the automotive and electrical and electronics industries. Construction will begin in the fourth quarter of 2018, and investment in the Krefeld-Uudingen plant will add approximately 20 jobs.
The design of the new plant will enable LANXESS to expand its business as needed in the next few years. Specialty Chemicals has operated a high-performance plastics polymerization and integrated plant in Krefeld-Uudingen. Until March 2018, The company began to invest in new production lines for the production of specialty compounds in the region.
Fully expand high performance plastics
'The high-performance plastics business is the core pillar of our development strategy. By expanding our production capacity, we have further consolidated our position as a supplier of modern mobile innovative product solutions. At the same time, we are making better use of our integrated value chain for these products. Potential, 'Human Fink, a member of the LANXESS Management Board, said, 'This investment also demonstrates our firm determination to make North Rhine-Westphalia a business location.'
LANXESS is highly lagging behind the high-performance plastics value chain. The company produces precursors for engineering plastics, such as PA and PBT compound glass fibers and polyamide 6 monomer caprolactam.All of these products are produced in their own factories.
In recent years, LANXESS has continued to expand its comprehensive capabilities to enable the company to process most of its intermediates into high performance plastics in its global network of plants. The specialty chemicals company is currently investing in a new type of plant in Changzhou, China. The integrated plant is scheduled to be completed and put into production in the second quarter of 2019.