High–Tech Plastics Lanxess Expands Plastics Production in the US
Lanxess invests US $ 15 million in a second production line for high-tech plastics at its Gastonia, North Carolina, site. This project could help to further improve balance of polyamide value chain, the company believes.
Gastonia, North Carolina/USA – Specialty chemicals company Lanxess is expanding its Gastonia, North Carolina, compounding facility for hightech plastics by adding a second production line. The expansion represents an investment volume of about US $ 15 million and will double the existing capacity from 20,000 to 40,000 metric tons annually. Construction for the second line is expected to commence in the second half of 2014 with production scheduled to begin in early 2016.
The Lanxess Gastonia facility produces the high-tech plastics Durethan (polyamide) and Pocan (polybutylene terephthalate), which allow automotive engineers to design lighter-weight plastic components to replace metal parts in cars, contributing to fuel efficiency and reduced emissions. “The United States is the leading market for high-tech plastics, with
the automotive industry at the forefront,” said the Corporation's President and CEO Flemming B. Bjoernslev. “Automotive industry sales are at their highest level in almost ten years and by adding the second line in Gastonia, we are underlining our ongoing commitment to our customers.”