Germany’s LANXESS to build inorganic pigments plant at Ningbo

11 November 2011 04:34  [Source: ICIS news]

SHANGHAI (ICIS)--German specialty chemicals company LANXESS plans to build an inorganic pigments facility at Ningbo to grow its business in China, a company source said on Friday.

LANXESS has entered into a conditional investment agreement with Ningbo Petrochemical Economic & Technological Development Zone in east China to build the plant, according to a statement from the company.

The construction of the plant is still subject to the approval of the local authorities and it is not confirmed when the company will start building the plant, the source said.

“We will announce the capacity of the new facility later,” the source added.

LANXESS runs one of China’s largest iron oxide pigment plants at Jinshan in Shanghai. It has a capacity of 28,000 tonnes/year of yellow iron oxide pigments and 10,000 tonnes/year of black iron oxide pigments.

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By: Dolly Wu
+65 6780 4359

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