High-tech Plastics Lanxess to Expand Global Production Network for High-tech Plastics
Lanxess is expanding its global production network for high-tech plastics. The specialty chemical company broke ground on a new compounding facility in the United States. Additionally, Lanxess and U.S. chemical company DuPont will double the capacity of their joint compounding facility in Hamm-Uentrop, Germany.
Leverkusen/Germany, Pittsburgh/USA – The capacity expansions reflect the growing demand for high-tech plastics being driven above all by rising car production and the trend towards lighter automobiles. The global demand for high-tech plastics is expected to increase by roughly seven percent per year through 2020.
Groundbreaking for First Production Facility in North Carolina, USA
The new production facility in Gastonia, North Carolina, will have an initial capacity of 20,000 metric tons per year. It will be the first compounding facility for the Lanxess high-tech plastics Durethan and Pocan in the United States. Basic polymers, such as polyamide and polybutylene terephthalate, are mixed and refined with additives in the compounding facility to produce Durethan and Pocan as per customer needs.
The facility represents an initial investment of €10 million and is expected to create up to 55 new jobs locally. Construction is expected to commence in the second quarter of 2011 and production is scheduled to begin in 2012.
Doubling of Compounding Capacity in Hamm-Uentrop, Germany
Lanxess and U.S. chemical company DuPont plan to double the capacity of their joint compounding facility for polybutylene terephthalate (PBT). The partner companies will invest an extra €10 million in the facility in Hamm-Uentrop, Germany. The expansion is expected to create nine new jobs in addition to the 70 positions already in existence. Production is scheduled to begin in 2012. The plant is one of the largest of its kind in the world and was opened in 2004.