Belgium: Plastics Production Lanxess Invests in Polyamide and Plastics Precursors Production
Lanxess announced plans to expand its integrated production complex for polyamide and precursors for plastics in Antwerp.
Antwerp/The Netherlands — With an investment of approx. € 25 million in 2017, the specialty chemicals company intends to further enhance efficiency.
“Our integrated production complex in Lillo is the backbone of our global business for high-tech plastics. Given the trend toward lightweight construction in the automotive industry, for example, this is a major future market. Therefore we are continuously strengthening the competitiveness of this site. In total, our company has invested more than € 300 million in Lillo since 2004 — a sum that shows our firm commitment to this site,” said Matthias Zachert, Chairman of the Board of Management.
The announcement was made on the occasion of the 50th anniversary of caprolactam production at the site. Caprolactam is a key precursor for the production of high-tech plastics. Besides the automotive industry, these plastics are also used in electrical and electronics applications.
Part of the company's growth strategy was the construction of a world-class polymerization plant with an annual capacity of 90,000 metric tons connected directly to the caprolactam production facility. Since its start in summer 2014, the polyamide is shipped from Antwerp to the group’s global network of compounding facilities, where it is further processed into the high-tech plastics.
The complex had a capacity of 160,000 metric tons of caprolactam per year in 2004 when Lanxess was founded; current capacity is 220,000 metric tons per year. Since the plant came on stream 50 years ago, 6,252,000 metric tons of caprolactam have been produced.