• Production line for environment-friendly water-based Pellart compounds inaugurated;
• Addressing multiple markets with high growth rates;
• Application in furniture, industrial decoration, and automotive interior;
• Connection to Application Development Center in Shanghai;
• Customer proximity and short development cycles.
The business belongs to the Urethane Systems (URE) business unit which is also producing polyurethane dispersions, an important ingredient of the compounds. Under the Pellart brand these products are used in many functional coatings applications where high requirements in terms of haptics, chemical resistance, gloss level, temperature and abrasion resistance and, above all, the lowest possible content of volatile organic compounds (VOC) are required. Typical areas of application are flat materials for automobile interiors, i.e. instrument panels, seats and door panels, but also decorative foils for consumers and industry.
Water-based and therefore environmentally friendly products are a strong trend globally. “As the automotive industry will continue to switch from solvent-based to environment-friendly water-based coatings, we see strong potential with attractive growth rates,” says Michael Timm, Head of Marketing & Development Cast Elastomers at URE.
With the new production line, the company will be able to supply customers in Asia with modern and environmentally friendly Pellart products. Fast developments and customer proximity are provided by the coupling with the application development center, which was opened by LANXESS in Shanghai in June 2021, as well as by the backward integration into its PU dispersions. All in all, LANXESS thus offers its customers a highly flexible set-up that allows fast scale-up of newly developed, customer-specific Pellart formulations.
LANXESS produces polyurethanes and lubricants at its Nantong site, which covers over 100,000 square meters. The urethanes products include hot-cast prepolymers, which are components of specialty polyurethanes that are used primarily in the construction, mining, oil, gas, athletic equipment and electronics industries. These polymers are used, for example, to manufacture rollers, tires and wheels, conveyor belts, screens, seals and so on.
LANXESS (lanxess.com) is a leading specialty chemicals company with sales of EUR 6.8 billion in 2019. The company currently has about 14,400 employees in 33 countries. The core business of LANXESS is the development, manufacturing and marketing of chemical intermediates, additives, specialty chemicals and plastics. LANXESS is listed in the leading sustainability indices Dow Jones Sustainability Index (DJSI World and Europe) and FTSE4Good.
This company release contains certain forward-looking statements, including assumptions, opinions, expectations and views of the company or cited from third party sources. Various known and unknown risks, uncertainties and other factors could cause the actual results, financial position, development or performance of LANXESS AG to differ materially from the estimations expressed or implied herein. LANXESS AG does not guarantee that the assumptions underlying such forward-looking statements are free from errors, nor does it accept any responsibility for the future accuracy of the opinions expressed in this presentation or the actual occurrence of the forecast developments. No representation or warranty (expressed or implied) is made as to, and no reliance should be placed on, any information, estimates, targets and opinions contained herein, and no liability whatsoever is accepted as to any errors, omissions or misstatements contained herein, and accordingly, no representative of LANXESS AG or any of its affiliated companies or any of such person's officers, directors or employees accepts any liability whatsoever arising directly or indirectly from the use of this document.