New compounding plant for high performance plastics

The Lanxess High Performance Materials business unit is also investing in its global production network for high performance plastics, and is building a further compounding plant at its Krefeld-Uerdingen site for a sum within the mid-double-digit-million-euro range. Starting in the second half of 2019, Lanxess will produce Durethan and Pocan engineering plastics, which are used primarily in the automotive, electrical, and electronics industries. In addition, a warehouse and a silo facility will be built. Construction will start in the fourth quarter of 2018. The investment will create around 20 new jobs at the Krefeld-Uerdingen site. The new compounding plant will be designed in such a way that Lanxess will be able to expand its operations with further capacities in line with demand over the next few years.

END