Select a topic or subject Lanxess' Chinese Nitrile Butadiene Rubber Plant Starts Production
Production at a nitrile butadiene rubber (NBR) plant in Nantong, China, of a Lanxess and TSRC of Taiwan JV has started production. With joint investments of US $ 50 million, the new 30,000 metric tons per year plant caters the world’s biggest and fastest-growing NBR market, with a compound annual growth rate of approximately 10 percent.
Nantong/PR China – The facility, built at a 40,000 square meters lot at the Nantong Economic and Technological Development Zone in Jiangsu province, northwest of Shanghai, profits from a boom of its main customers, the Chinese constructions and automotive industry: “The new plant is the most modern of its kind in Asia and will address the needs of the two leading mega trends in China – rapid urbanization and growing mobility,” said Axel C. Heitmann, Chairman of the Board of Management at Lanxess, during the official opening ceremony.
In 2010, the two partners set up a joint venture called Lanxess–TSRC (Nantong) Chemical Industrial Company, supplying Chinese customers with NBR produced at Lanxess’ La Wantzenau site in France until the start-up of the Nantong plant.