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LANXESS Expands Capacities for Therban - Specialty chemicals company LANXESS is expanding its production capacities for Hydrogenated Nitrile Butadiene Rubber (HNBR) at its facilities in Leverkusen, Germany, and Orange, Texas, U.S., by 40 percent
LANXESS Expands Capacities for Therban

 

PRZOOM - /newswire/ - Leverkusen, Germany, 2011/04/11 - Specialty chemicals company LANXESS is expanding its production capacities for Hydrogenated Nitrile Butadiene Rubber (HNBR) at its facilities in Leverkusen, Germany, and Orange, Texas, U.S., by 40 percent. FRA: DE Frankfurt: LXS

   
 
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This synthetic high-performance rubber is marketed under the brand name Therban. LANXESS will invest a low single-digit million euro amount in the expansion.

“We are responding to the significant increase in global demand for this high-performance rubber and are rigorously continuing our growth strategy,” said Günther Weymans, head of the Technical Rubber Products (TRP) business unit at LANXESS.

Expansion work on the German and U.S. production facilities has already begun. The expansion in Leverkusen is scheduled for completion in April 2012, while the Orange facilities will be ready by December 2012. The measures will create 15 new jobs.

The HNBR rubber market is currently growing globally at a double-digit annual rate. This is due in particular to a strong global demand from automotive manufacturers, especially in China and India.

Therban is a high-performance rubber developed by LANXESS specifically for demanding applications. The elastomer is characterized by good resistance to high temperatures and in contact with fuels, oil and ozone. Therban is used, for example, in the automotive industry for the manufacture of v-belts and toothed belts and for the stator/rotor systems of drill heads in the oil extraction industry.

The Technical Rubber Products business unit is part of the Performance Polymers segment, which generated sales in 2010 of EUR 3.78 billion.

LANXESS (lanxess.com) is a leading specialty chemicals company with sales of EUR 7.1 billion in 2010 and currently around 14,850 employees in 24 countries. The company is represented at 45 production sites worldwide. The core business of LANXESS is the development, manufacturing and marketing of plastics, rubber, intermediates and specialty chemicals.

Contact:
Rudolf Eickeler, Spokesperson Financial and Business Media
T: +49 214 30 40483 / F: +49 214 30 50691 / E: rudolf.eickeler[.]lanxess.com.

 
 
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Agency / Source: LANXESS

 
 

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LANXESS Expands Capacities for Therban

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LANXESS |
Contact: Marc-Oliver Voigt - LANXESS.com 
+49 214 30 31872 marc-oliver.voigt[.]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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