Nd-PBR Rubbers Lanxess Invests in Rubber Production at Port Jérôme, France
Speciality chemicals company Lanxess announced investments of € 30 million in a tire rubber facility at Port Jérôme, France until 2015. The site, that celebrates its 50th anniversary in 2012 shall undergo productivity and energy efficiency upgrades, the company said.
Port Jérôme/France – “The production of high performance rubbers in Port Jérôme plays a key role in our global strategy. We support global megatrends with our innovations and technologies. A particular focus here is solutions for sustainable mobility,” said Axel C. Heitmann, Chairman of the Board of Management of Lanxess.
At Port Jérôme, the German based speciality chemicals company produces neodymium-polybutadiene (Nd-PBR) and solution styrene-butadiene (SSBR) rubbers, that are primarily used for automotive tires.
Megatrend Mobility Drives the Demand for Speciality Rubbers
Advanced, so called “green tires”, expect annual growth rates of around 10 percent, making them the fastest-growing segment of the global tire industry. This increasing demand is being driven by the megatrend of mobility, particularly in Asia and Latin America. Lanxess nevertheless also expects increased demand in Europe as a result of the EU labeling requirement for tires that enters into force in November 2012.
“Our high-performance rubbers are indispensable for meeting the new legal requirements and satisfying the customer wishes expected to arise from them. As the world’s largest partner to the tire industry, we have reacted promptly to this trend by making the corresponding strategic investments decisions and expanding our capacities,” added Heitmann.