Pigment Lanxess Builds Iron Oxide Pigment Production in China
German specialty chemicals company Lanxess plans a 55 million Euro investment in a new pigment production plant at Ningbo, China.
Ningbo/PR China – “The plant expands our global production network for inorganic pigments and enhances Lanxess’ position as a leading supplier of sustainable pigments with outstanding properties and performance. It also further complements our product portfolio and allows us to be better positioned to meet the growing market demand not only in China, but globally”, said Joerg Hellwig, Head of Lanxess’ Inorganic Pigments business unit. The company just started piling for the new 25,000 tons/year plant at its site in the Ningbo Chemical Park.
Lanxess already operates one of China’s largest and most modern plants for inorganic pigments in Jinshan, Shanghai. This plant has an annual capacity of 38,000 metric tons of high-quality iron oxide yellow and black pigments each year. The Jinshan site supplies beside other facilities the company's milling and blending plant in Taopu, Shanghai for the production of high grade synthetic iron oxide pigments under the brand name Bayferrox.
Lanxess Inorganic Pigments (IPG) business unit today has an annual capacity of more than 350,000 metric tons, making it the world's leading manufacturer of iron oxide and chromium oxide pigments. The IPG business unit belongs to LANXESS’ Performance Chemicals segment, which achieved total sales of EUR 2.2 billion in fiscal year 2012.