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LANXESS Takes High-tech Plastics Plant in Belgium into Operation - Specialty chemicals company LANXESS has taken its new plant for polyamide plastics in Antwerp, Belgium, into operation as planned - LANXESS.com
LANXESS Takes High-tech Plastics Plant in Belgium into Operation

 

PRZOOM - /newswire/ - Antwerp, Germany, 2014/07/01 - Specialty chemicals company LANXESS has taken its new plant for polyamide plastics in Antwerp, Belgium, into operation as planned - LANXESS.com. FRA: DE Frankfurt: LXS

   
 
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The world-scale facility for polyamide plastics is designed for an annual capacity of around 90,000 metric tons. It represents an investment volume of EUR 75 million. The main customer of lightweight plastics is the automotive industry. Following the current starting-up phase, the capacity utilization rate of the plant will be gradually increased in the coming months.

Antwerp is the heart of LANXESS high-tech plastics production
All plastics manufactured by LANXESS at Antwerp will be processed within its global network of compounding facilities into the final Durethan-brand products. In addition, the new plant for the polymerization of high-tech plastics has been built in the direct vicinity of the caprolactam facility operated by the Group in Antwerp. Caprolactam is the key intermediate for plastics manufacturing. With the inauguration of the polyamide plant, LANXESS will be able to increase its captive use of caprolactam.

After the polymerization the plastics are reinforced among others with glass fibers to further improve their properties and adapt them to customer needs. The glass fibers required for this purpose are also produced at a LANXESS facility in Antwerp.

LANXESS supports the trend towards lightweight construction in the automotive industry
The automotive industry is a key customer of LANXESS’ High Performance Materials (HPM) business unit. Innovative materials from LANXESS help to build much lighter plastic parts that can replace metal ones in motor vehicles and thus contribute to reducing fuel consumption and emissions. A lightweight design can reduce weight by 10 to 50 percent, depending on the component. LANXESS plastics are used, for instance, in engine applications, door structures, pedals, front ends and cockpit crossmembers. Furthermore, the materials enable automobile manufacturers and suppliers to achieve considerable savings in production and facilitate the assembly. Another field of application for high-tech plastics from LANXESS is the electrical and electronics industry.

The HPM business unit is headed by Michael Zobel and is part of the Performance Polymers segment, which generated EUR 4.5 billion in total sales in fiscal year 2013. HPM has roughly 1,500 employees worldwide and operates production facilities in Belgium (Antwerp), Germany (Krefeld-Uerdingen, Hamm-Uentrop, Brilon), China (Wuxi), India (Jhagadia), United States (Gastonia) and Brazil (Porto Feliz).

LANXESS (lanxess.com) is a leading specialty chemicals company with sales of EUR 8.3 billion in 2013 and roughly 17,000 employees in 31 countries. The company is currently represented at 52 production sites worldwide. The core business of LANXESS is the development, manufacturing and marketing of plastics, rubber, intermediates and specialty chemicals. LANXESS is a member of the leading sustainability indices Dow Jones Sustainability Index (DJSI World and DJSI Europe) and FTSE4Good as well as CDP’s Climate Disclosure Leadership Index (CDLI).

 
 
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Agency / Source: LANXESS

 
 

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LANXESS Takes High-tech Plastics Plant in Belgium into Operation

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High-tech Plastics Plant | LANXESS
Contact: Rudolf Eickeler - LANXESS.com 
+49 214 30 40483 rudolf.eEickeler[.]lanxess.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any LANXESS securities in any jurisdiction including any other companies listed or named in this release.

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