Lanxess AG is strengthening its presence in China by building a new plant for high-performance plastics in Changzhou for around €20 million.
From Q2 2019, the compounding plant is to produce up to 25,000 metric tonnes of Durethan- and Pocan-branded high-tech plastics for the automotive sector and the electric and electronics industry.
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.
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