25 April 2017
DETAILS
- LANXESS invests in its production site
in Lillo/Antwerp - Efficiency investments of roughly EUR 25 million
in plastics production chain in 2017 - Caprolactam plant celebrates 50 years of production
LANXESS announced plans to further strengthen
its integrated production complex
for polyamide and precursors
for plastics in Antwerp.
With an investment of roughly EUR 25 million in 2017,
the specialty chemicals company
will primarily implement measures
to further enhance efficiency.
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 LANXESS’s high-tech plastics.
Besides the automotive industry, these plastics
are also used in electrical and electronics applications.
In recent years LANXESS has focused on
building a balanced value chain
for its high-tech plastics production operations,
which absorbs the lion’s share of
the intermediates produced for captive use.
A milestone on that strategic path 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
LANXESS’s global network of compounding facilities,
where it is further processed into the high-tech plastics.
Matthias Zachert,
Chairman of the Board of Management at LANXESS
“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 EUR 300 million in Lillo since 2004
– a sum that shows our firm commitment to this site,”
LANXESS AG Contact:
Ingo Drechsler
Corporate Communications
Head of External Relations
50569 Cologne
Germany
Phone +49 221 8885-3790
ingo.drechsler@lanxess.com
WWW.CHEMWINFO.COM BY KHUN PHICHAI
