Lanxess: Establishing Global JV with Advent International for High Performance Engineering Plastics Link...
LANXESS and Advent International are establishing a joint venture for high-performance engineering polymers. The two companies have signed an agreement to acquire the DSM Engineering Materials business (DEM) from Dutch group Royal DSM, which will become part of the new joint venture. DEM is one of the leading global suppliers in high-performance specialty materials that address key market needs in electronics, electrical and consumer goods.
LANXESS will contribute its High Performance Materials (HPM) business unit to the joint venture. HPM is one of the leading suppliers of high-performance polymers, which are used primarily in the automotive industry. The transaction is still subject to approval by the authorities. Closing is expected in the first half of 2023.
Lanxess: Expanding Compounding at Changzhou Site Link...
Lanxess is building a second compounding line for Durethan- and Pocan-branded high-tech engineering plastics at its manufacturing site in Changzhou. An investment of around EUR 30 million will increase the capacity in Changzhou by 30,000 metric tons per year. The new line is planned to go on stream in the first quarter of 2023.
Lanxess: Building New Production Plant for High Performance Plastics in Krefeld-Uerdingen, Germany Link...
Cologne – Specialty chemicals company LANXESS is continuing to invest in its global production network for high-performance plastics and is building another compounding facility at its Krefeld-Uerdingen site, Germany, for a mid double-digit million euro amount. Starting in the second half of 2019, LANXESS will produce Durethan and Pocan engineering plastics, which are used primarily in the automotive as well as the electrical and electronics industry.
Lanxess: Expanding Plastic Compounding in China Link...
Specialty chemicals company LANXESS is strengthening its presence in the growth market China: The Cologne-based company is building a new plant for high-performance plastics in Changzhou for around EUR 20 million. From Q2 2019, the compounding plant is to produce up to 25,000 metric tons of Durethan- and Pocan-branded high-tech plastics for the automotive sector and the electric and electronics industry.
Lanxess: Expanding Compounding Capacity Gastonia, USA Link...
Expanding engineering plastics compounding capacity by 20 kMTpa by early 2016.