COLOGNE, GERMANY: Lanxess AG said that it plans to roughly invest €25 million, to further strengthen its integrated production complex for polyamide and precursors for plastics in Antwerp, Belgium.
The announcement was made on the occasion of the 50th anniversary of caprolactam production at the site. Caprolactam is a key precursor for the production of Lanxess’s high-tech plastics. Besides the automotive industry, these plastics are also used in electrical and electronics applications.
Lanxess has three production sites in the Antwerp docklands. Caprolactam and polyamide are produced in Lillo-Antwerp, glass fibres and rubber chemicals are manufactured in Kallo.
Arlanxeo, a joint venture of Lanxess and Saudi Aramco, produces synthetic rubber at the site in Zwijndrecht. Lanxess has a total staff of roughly 1.250 in Belgium, including Zwijndrecht.
“Our integrated production complex in Lillo is the backbone of our global business for high-tech plastics. Given the trend toward lightweight construction in the automotive industry, for example, this is a major future market. Therefore, we are continuously strengthening the competitiveness of this site. In total, our company has invested more than €300 million in Lillo since 2004 – a sum that shows our firm commitment to this site,” said Matthias Zachert, chairman of the board of management at Lanxess AG.
© Worldofchemicals News
Read More: Lanxess to invest €25 million in Belgian polyamides facility
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